Local currencies: catalysts for local economies

The Soproni kékfrank is in circulation since May 2010, while the Balatoni korona was launched last year. Their financial coverage can also bears interest – said Varga István, the chairman of the Association of Local Currencies.

With the use of local currencies, and buying local products and services the local economies are being catalyzed and strengthened – Varga István, chairman of the Association of Local Currencies told in the Ma reggel broadcast of M1. The voucher is also a local awareness-raising tool, it symbolizes that “on can live locally as well” – he explained. (hirado.hu, m1 Ma Reggel))