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ORBÁN TO PROPOSE MATOLCSY AS NBH GOV FOR ANOTHER TERM

 

Prime Minister Viktor Orbán will propose György Matolcsy for another term as governor of the National Bank of Hungary (NBH), the PM’s press chief said. Matolcsy’s six-year mandate as NBH governor ends on March 3, 2019. The NBH governor is appointed by the president of Hungary based on the proposal of the prime minister, after a hearing before a parliamentary committee. There is a two-term limit for NBH governor.