Economics

Hungary Central Bank Stockpiles Guns, Bullets Citing Terror Risk

  • Monetary authority sees threat from bomb attacks, migration
  • Central bank also spending on real estate, fine art, education
Source: Getty Images
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Hungary’s central bank, already facing criticism for a spending spree ranging from real estate to fine art, is now beefing up its security force, citing Europe’s migrant crisis and potential bomb threats among the reasons.

The National Bank of Hungary bought 200,000 rounds of live ammunition and 112 handguns for its security company, according to documents posted on a website for public procurements.