However, Pleschinger later told the website portfolio.hu that the facility would not be phased out, apparently walking back from his earlier comments. In Prague, shares in O2 Czech Republic fell over 3%, after its main shareholder PPF lifted its stake to over 90% and announced its intention to squeeze out remaining shareholders. Signs of further mounting price... Gyula Pleschinger was quoted by Bloomberg on Monday as saying that the central bank may scrap the one-week deposit facility, which he said was a temporary tool to navigate market volatility, a situation that he said Hungary had now passed. Several members of the banks board had earlier indicated that Wednesdays move might be coming, as the bank was not ready to tolerate high inflation.
Pleschinger is the highest ranked bank in the european union.
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Pleschinger is the highest ranked bank in the european union .
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