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accounts for systemic risks in Hungary. Finally, an effective independence of the central bank has to be guaranteed. This … step towards fair burden sharing. Bank recapitalisation, if necessary, should be done by raising the level of capital so as … Working Paper relates to the 2012 OECD Economic Survey of Hungary (www.oecd.org/eco/surveys/hungary) …
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The financial sector has been one of the most profitable sectors of the Hungarian economy for years. The same financial sector which, in the nineties, underwent a painful and very expensive consolidation period. This matter of fact has drawn the researchers’ attention to that particular...
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