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Karácsony to Matolcsy: Let’s Break Up MNB, Not Budapest

picture of Gergely Karácsony

Budapest Mayor Gergely Karácsony (pictured) is apparently not a fan of a recent proposal by György Matolcsy, the Governor of the Hungarian National Bank (MNB), on how he envisions the future of the nation’s capital.

On Monday, Matolcsy stated in Magyar Nemzet that the capital could develop properly if the city’s current districts broke off and Budapest was “shaped into a healthy size” of about 600,000 inhabitants. The MNB Governor would preserve the “Budapest city core,” essentially maintaining all the leading institutions of the state, government, business, banking system, higher education, and culture, but spinning off the capital’s outer districts into their own independent cities.

Following György “Chopper” Matolcsy’s proposal to split up Budapest, I have an idea. Let’s break up the Hungarian National Bank. One half will finally deal with the inflation that has been hitting decade-long highs. The other, where hundreds of billions of forints of public money have “lost their character” as public money in recent years, should be placed under the supervision of the Prosecutor General’s Office.

-Gergely Karácsony reacted on Facebook to György Matolcsy’s suggestion.

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Posted in Domestic

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