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:
“A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.”
—Lionel Trilling (1905–1975)
“That man’s the true Conservative
Who lops the mouldered branch away.”
—Alfred Tennyson (1809–1892)