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Hungary: Matolcsy Demands Resignation of EU Commissioner
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Published: December 2, 2013; 16:26 ♦ (Vindobona)

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György Matolcsy, Governor of the Hungarian National Bank (MNB), demands a better rating for Hungary and the resignation of EU Commissioner Olli Rehn.

Matolcsy, Governor of MNB, calls for EU Commissioner for monetary and economic affairs Rehn’s resignation since, according to the Hungarian Governor Rehn has “mismanaged” the financial crisis. Moreover, Matolcsy expects the four major rating agencies to adapt ratings for the creditworthiness of the country “to the reality”.
In the past year’s, during Prime Minister…
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