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" The primary objective of the MNB shall be to achieve and maintain price stability. Without prejudice to its primary objective, the MNB shall support the economic policy of the Government using the monetary policy instruments at its disposal. "

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Press release on preliminary financial accounts for general government and households: 2012 Q1

2012.May.17

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Hungarian medieval gold florin coin series

2012.May.15

15 May 2012 - The Magyar Nemzeti Bank is issuing a gold collector coin ‘Gold Florin of Charles I’ with a face value of HUF 10,000 in normal and piedfort versions. The piedfort coin is exactly four times the weight of the normal weight coin. The collector coin is the first of the Hungarian medieval gold florin series. The coin was designed by Tamás E Soltra.More

Hungary’s debt-to-GDP ratio may fall below 60 per cent in 15 years assuming unchanged fiscal policy

2012.May.15

15 May 2012 – In a speech made at a conference organised by the State Audit Office today, the Governor of the MNB, András Simor, said that in the Bank’s technical projection assuming unchanged fiscal policy, Hungary’s debt-to-GDP ratio falls to 59.4 per cent by 2026. That would still exceed the 50 per cent target for general government debt required by the Constitution. Therefore, meeting the Constitutional target will require further government measures.More