The Governor Of Hungarian National Bank Simor Given “C” Grade
- 29 Aug 2012 9:02 AM
Global Finance magazine gave grades of “A” to the central bank governors of Australia, Canada, Israel, Malaysia, the Philippines and Taiwan, while András Simor received only a “C” news website Portfolio reports. The magazine classifies central bank governors of the top 50 economies in the range of “A” to “F”.
The classification is not primarily based on economic indicators but other factors, such as the ability of the governor to resist political pressure and his power to influence the country’s economic policy.
Simor received a “C” also in 2011 and 2010 but a “B” in 2009 and 2008.
The only other Europe central bank governor to get a “C” was Simor’s counterpart in Belarus.
Source: Hungary Around the Clock
This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.
LATEST NEWS IN business