As a result the central bank law can only be modified sometime during the House’s summer session, likely to begin next month.

The government has informed the European Commission of its plans to modify the law, the Economy Ministry told Népszava.

The government plans to use a different way of changing the law, taking into account proposals from the MNB, the European Central Bank and the European Commission, the ministry said.

News website Index speculates that there may be disagreement within the cabinet over the issue.

Source: Hungary Around the Clock

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