Hungary's central bank governor requests consultation with PM.

By bne IntelliNews September 6, 2011
Hungary's central bank governor Andras Simor requested a meeting with PM Viktor Orban to discuss the monetary authority's proposals for reducing the burden for distressed borrowers, the bank said in a statement on its website. According to the central bank, the proposal will both reduce the burden for borrowers and protect the long-term stability of the financial system. Simor will also present the central bank's view of the global economic situation and the trends in the domestic economy.

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