National Bank of Hungary governor addresses Tsinghua PBCSF Global Finance Forum

György Matolcsy, the governor of the National Bank of Hungary (NBH), took part in the 2024 Tsinghua PBCSF Global Finance Forum, the central bank said on Monday.

Matolcsy joined a panel discussion on mitigating economic fragmentation at the forum which marked the 80th anniversary of the establishment of the Bretton Woods system.

He underlined the importance of learning from the patterns of economic and financial cycles and using those lessons to redesign the global monetary system with a view to ensuring global financial stability.

He stressed that overlapping structural changes related to the green and digital transitions required new approaches.

Matolcsy was named an honorary professor by the rector of Fudan University during his visit to China.

as we wrote before, tension between the Hungarian government and the National Bank has flared up again