Banking in the dark: MKB Bank comes under supervision of Prime Minister’s Office
János Lázár, the minister in charge of Viktor Orbán’s Prime Minister’s Office (PMO), can count yet another feather in his cap. MKB Bank, previously owned by Germany’s BayernLB (the Bavarian State Bank), was recently nationalized. While the nationalization wasn’t a surprise, most of the press raised its collective eyebrow when at 6:30PM on Thursday, they read in the freshly published […]