The leading left-wing daily contends that despite the record low overall inflation rate, Hungarian families have to spend more on basic goods. A pro-government columnist, on the other hand, believes the low inflation rate proves that the government is on the right path. READ MORE
Figyelő fears that the rescue scheme may encourage debtors to default. Népszabadság warns that imposing excessive burdens on banks will harm recovery. READ MORE
Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts. READ MORE
Left-wing commentators wonder if the verbal confrontation between the Fidesz strongman and the most influential Hungarian businessman implies a deepening rift between Orbán and his former ally. READ MORE
A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves to convert all FX household loans into Forint credits. READ MORE
A pro-government analyst welcomes the announcement that mortgage based foreign currency loans will be converted into forints and the modalities of the project will be negotiated with the Hungarian Banking Association. READ MORE
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet. READ MORE
A conservative blogger believes that creditors who demand radical state action and even the annulation of their mortgage loan contracts echo the public culture of the pre-1989 era. READ MORE
A right-wing columnist accuses the EU of mindlessly serving the interests of Western European banks by forcing economically paralyzing restrictions on highly indebted member states on the periphery of the continent. A left-wing pundit on the other hand sees no alternative to austerity and welfare cuts. READ MORE
A long-time right-wing critic of the government’s economic policy warns that prolonged banking taxes might result in a steep decline in economic output. READ MORE