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Hungary Central Bank Stockpiles Guns, Bullets Citing Terror Risk

PakPuk

PakPuk

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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.

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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.
Additional protection is needed due to the rise of "international security risks" including bomb and terror threats and migration, central bank Governor Gyorgy Matolcsy said in a written response to a lawmaker who asked about the purchases, posted on Parliament’s website Feb. 17. The central bank’s assumption of the role of financial regulator and the related increase in the number of its properties also contributed to the need for further defenses, he said.

Hungary Central Bank Stockpiles Guns, Bullets Citing Terror Risk - Bloomberg Business
 
They should have invested in ARs [both .223/5.56 and .308] also.
 
PakPuk said:
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.

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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.
Additional protection is needed due to the rise of "international security risks" including bomb and terror threats and migration, central bank Governor Gyorgy Matolcsy said in a written response to a lawmaker who asked about the purchases, posted on Parliament’s website Feb. 17. The central bank’s assumption of the role of financial regulator and the related increase in the number of its properties also contributed to the need for further defenses, he said.

Hungary Central Bank Stockpiles Guns, Bullets Citing Terror Risk - Bloomberg Business
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200,000 rounds and 112 hand guns isn't really that much.
 
The Hungarian Alamo.
 
PakPuk said:
For a disarmed European nation it is.
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Europe's attitude towards defense against terrorist acts is changing as the potential risk increases. The numbers look pretty high until they are broken down.

The round count per pistol is a little over 1000 rounds. Weapons qualification could eat half of that. That leaves about 500 rounds per pistol for maintenance of ammunition stock and familiarization throughout the year. I would think that they would have at least 80 security guards considering they need security around the clock. If they had 30 guards on duty 24 hours a day it would require about that number of weapons given duty rotations and weekly schedules.
 
I'd like to make a withdrawal. LOL.
 
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