„Hungary and Austria Must not Become Enemies“
Published: February 4, 2014; 10:32 · (Vindobona)
Ewald Nowotny, governor of the Austrian National Bank (OeNB) wants a solution between the Hungarian government and the Austrian banking sector.
„Hungary and Austria Must not Become Enemies“ / Picture: © Agenda Austria 2020
At a press conference in Budapest, Nowotny explained that the central banks of Hungary and Austria are facing difficult issues. Above all, foreign-owned banks are under pressure.
After the centre-right Fidesz has returned to power in 2010, the frame conditions for the Hungarian banking sector has changed fundamentally. Particularly for foreign banks, Hungary has become a highly…
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