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Mihály Varga Reacted to the Former Ministry of Finance's Million-Dollar Furniture Purchase

Summary by Portfolio
Central Bank Governor Mihály Varga has publicly responded to journalistic questions regarding the reconstruction and furnishing of the former Ministry of Finance building on Szentháromság Square. As the manager previously responsible for the investment, he clarified that although he continuously monitored compliance with the budget framework, the day-to-day construction and procurement tasks were carried out by a project company established for …

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Center

Central Bank Governor Mihály Varga has publicly responded to journalistic questions regarding the reconstruction and furnishing of the former Ministry of Finance building on Szentháromság Square. As the manager previously responsible for the investment, he clarified that although he continuously monitored compliance with the budget framework, the day-to-day construction and procurement tasks were carried out by a project company established for …

·Budapest, Hungary
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Lean Left

What can a coat hanger do for 475 thousand forints? What was the need for 100 million hand-knotted carpets? Who could have slept in a 3 million bed? The ministerial department was so luxurious that Péter Magyar forbade Gábor Pósfai from using it. We asked for the costs of furnishing it.

·Hungary
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The Szentháromság Square palace was originally intended for the Ministry of Finance, but in the meantime the ministry was abolished and Mihály Varga became the governor of the central bank, so the Ministry of the Interior eventually moved into the building, which they claim they had no say in renovating.

·Hungary
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Furniture worth millions, a bed worth 3.29 million forints, and a former university roommate's company were also mentioned in connection with the building on Szentháromság Square. According to Mihály Varga, he did not decide on any of the purchases, and he did not participate in the public procurement of the construction.

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Világgazdaság broke the news on Wednesday, September 23, 2026.
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