Insight - Orban to use Hungary central bank in battle for growth


BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban has an ace up his sleeve as he tries to revive a recession-bound economy and secure his political future: soon he can take full control of a central bank which has long resisted his will.

By March Orban will pick a new National Bank governor who is likely to flood the economy with cheap credit using unconventional tools - the kind of measures that are controversial enough in giants such as the United States, let alone in a small emerging economy like Hungary's.

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