Comments on: It’s Official, The Hungarian Banking System Is Sound http://fistfulofeuros.net/afoe/its-official-the-hungarian-banking-system-is-sound/ European Opinion Mon, 13 Feb 2012 07:39:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: New European http://fistfulofeuros.net/afoe/its-official-the-hungarian-banking-system-is-sound/comment-page-1/#comment-24113 New European Sat, 07 Mar 2009 13:41:47 +0000 http://fistfulofeuros.net/?p=4980#comment-24113 Well, Woolf, I don't know whether that is what is going on - but there is clearly some political infighting between the financial establishment and (I assume) the government behind the scenes. I noted with interest Népszava's story this morning that the MNB president, András Simor has off-shore business interests that might be (at least according to Népszava) incompatible with his role at the head of the MNB. These stories never pop by accident in the Hungarian press, and clearly someone somewhere is after him .... Well, Woolf, I don’t know whether that is what is going on – but there is clearly some political infighting between the financial establishment and (I assume) the government behind the scenes. I noted with interest Népszava’s story this morning that the MNB president, András Simor has off-shore business interests that might be (at least according to Népszava) incompatible with his role at the head of the MNB. These stories never pop by accident in the Hungarian press, and clearly someone somewhere is after him ….

]]> By: Blank Xavier http://fistfulofeuros.net/afoe/its-official-the-hungarian-banking-system-is-sound/comment-page-1/#comment-24112 Blank Xavier Sat, 07 Mar 2009 12:13:09 +0000 http://fistfulofeuros.net/?p=4980#comment-24112 Tamás Bánfi said: > “There will be no sovereign default in Hungary > because it cannot be allowed." He may well find out that you can say whatever you like; reality goes right on ahead and happens. Tamás Bánfi said:
> “There will be no sovereign default in Hungary
> because it cannot be allowed.”

He may well find out that you can say whatever you like; reality goes right on ahead and happens.

]]> By: Blank Xavier http://fistfulofeuros.net/afoe/its-official-the-hungarian-banking-system-is-sound/comment-page-1/#comment-24111 Blank Xavier Sat, 07 Mar 2009 12:09:35 +0000 http://fistfulofeuros.net/?p=4980#comment-24111 EH wrote: > Possibly this is the quickest way to start a > run on bank deposits known to humankind. Major lol :-) EH wrote:
> Possibly this is the quickest way to start a
> run on bank deposits known to humankind.

Major lol :-)

]]> By: wolff http://fistfulofeuros.net/afoe/its-official-the-hungarian-banking-system-is-sound/comment-page-1/#comment-24107 wolff Sat, 07 Mar 2009 08:55:24 +0000 http://fistfulofeuros.net/?p=4980#comment-24107 Personally I hate conspiacy theory, but as yesterday two of my friends told me that at Wednesday, when the Hungarian press (with Portfolio in the fronline) after the joint declaration created a story about forint being dissociated from the regions other currencies (what was obviously not the case) they were called with rumors, one by a friend from Geneva (!) that OTP would freeze clients savings accounts, the other with the "news" that Gyurcsány would announce sovereign default in moments, I became suspicious that this week we saw a deliberate attempt to overthrow the government. Personally I hate conspiacy theory, but as yesterday two of my friends told me that at Wednesday, when the Hungarian press (with Portfolio in the fronline) after the joint declaration created a story about forint being dissociated from the regions other currencies (what was obviously not the case) they were called with rumors, one by a friend from Geneva (!) that OTP would freeze clients savings accounts, the other with the “news” that Gyurcsány would announce sovereign default in moments, I became suspicious that this week we saw a deliberate attempt to overthrow the government.

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