Financial Branch
The central bank, the Hungarian National Bank has been fully independent between 1990–2004, but new legislation gave certain appointment rights to the Executive Branch in November 2004 which is disputed before the Constitutional Court.
Read more about this topic: Politics Of Hungary
Famous quotes containing the words financial and/or branch:
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“In communist society, where nobody has one exclusive sphere of activity but each can become accomplished in any branch he wishes, society regulates the general production and thus makes it possible for me to do one thing today and another tomorrow, to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticize after dinner, just as I have a mind, without ever becoming hunter, fisherman, shepherd or critic.”
—Karl Marx (1818–1883)