RBI Threatens to Leave Hungary

People ♦ Published: November 22, 2012; 19:29 ♦ (Vindobona)

The Austrian Raiffeisen Bank International criticizes the burden for the banking sector in Hungary.

RBI Threatens to Leave Hungary / Picture: © Flickr / St. Petersburg International Economic Forum

CEO Herbert Stepic warns the Hungarian government to increase the financial burden for banks. In Hungary, banks are viewed as “self-service shop”, Stepic argues. According to Stepic, the current situation and the different framework situation require a revaluation of the strategy.

First, the Hungarian Parliament resolved the introduction of the financial transaction tax at…

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