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Hungarian Central Bank Against Bank Taxes
People ♦
Published: September 14, 2012; 17:20 ♦ (Vindobona)
According to the governor of Hungary´s Central Bank, the bank taxes are causing the lending freeze.
Hungarian Central Bank Against Bank Taxes / Picture: © Hungarian Central Bank
Andras Simor, governor of the Hungarian Central Bank, the bank taxes harm the Hungarian economy. Simor appealed on the government not to treat the banking system as a burden for the economy.
The bank taxes were introduced in 2010. Next year, the bank tax should reach about 0.5% of Hungary´s GDP. The current Hungarian bank tax should be replaced by a financial transaction tax…
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