financial conditions, and to lead committees that study current issues, such as consumer banking laws and electroniccommerce.The Board also exercises broad supervisory control over the financial services industry, administers certain consumer protection regulations, and oversees the nation's payments system. The Board oversees the activities of Reserve Banks, approving the appointments of their p
Structure
Board of directors
The board of directors :18 members
(chairman, three standing executive directors, and 12 non-standing directors)
Deciding Annual business programs
Operation of assets
Financial planning
Preparation of the budget draft and closing accounts
Decision to purchase and dispose of assets
Borrowing of money and repayment
Other important matters perta
structural problems
2.1.1 Progress of the euro zone financial crisis and its causes
In the conditions of the global financial and economic crisis, a majority of European countries launched large programs to reanimate the economic situation and save jobs. As the massive fiscal spending is inevitable in the process of addressing the economic crisis, the European financial situation began to deter
Overall condition of non-Eurozone
Many people think Europe debt crisis raised only by Eurozone countries.
Hungary is not included country as Eurozone. But early 2012, Hungary faced a crisis.
Czech had high economy stability throughout Europe but now the value of money has declined.
Non-Eurozone countries are also getting hard times.
The countries wanting to join Eurozone are of two minds