" 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. "
PublicationsMNB BulletinMNB Bulletin December 2010

MNB Bulletin December 2010

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The Magyar Nemzeti Bank attaches great importance to making central bank analyses on various current economic and financial developments of general interest available to the wider public. The December 2010 issue of the MNB Bulletin contains four topical articles, in which the authors present the calculation of the headline general government balance net of temporary effects, the impacts of fiscal adjustments in Western European countries on the Hungarian economy, the new liquidity forecast of the MNB and the systemic level impacts of the Basel III regulatory system on Hungary and Europe.

 

The articles of this volume can be downloaded below:

Hoffmann, Mihály and Gábor P. Kiss: From those lying facts to the underlying deficit

Krusper, Balázs and Gábor Pellényi: Impacts of fiscal adjustments in Western European countries on the Hungarian economy

Molnár, Zoltán: About the interbank HUF liquidity - what does the MNB’s new liquidity forecast show?

Szombati, Anikó: Systemic level impacts of Basel III on Hungary and Europe

 

The complete volume can be downloaded here:

MNB Bulletin December 2010

 
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