During a cabinet briefing, Prime Minister Viktor Orbán announced Mihály Varga as the new Central Bank Governor, emphasizing his experience and calm demeanor. The forint strengthened following the announcement, indicating market confidence. The government plans to merge the Ministry of National Economy and the Ministry of Finance, with Varga likely taking the Central Bank position and Márton Nagy heading the new Economic Ministry. Tensions exist between fiscal and monetary policies, with concerns that Varga may struggle to resist government pressures for economic stimulus, potentially impacting the forint's stability. Teljes cikk (Telex.hu)