The National Bank of Hungary (MNB) announced plans to strengthen its relationship with the Hungarian Competition Authority (GVH), with Governor Mihály Varga linking closer cooperation to lower inflation and the maintenance of fair market competition. The MNB highlighted joint research and analytical work as a tool to increase transparency, measure market competition and help detect the effects of distorted competition. The cooperation is also intended to support both institutions’ work in licensing, inspections, market supervision and consumer protection.
National Bank of Hungary 2025-12-08
National Bank of Hungary to strengthen cooperation with the Hungarian Competition Authority to support inflation goal and fair competition
The National Bank of Hungary (MNB) plans to enhance cooperation with the Hungarian Competition Authority (GVH) to lower inflation and maintain fair market competition. This collaboration will focus on joint research and analytical work to increase transparency and measure market competition. It will also support licensing, inspections, market supervision, and consumer protection efforts.