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Opposing takes on the state of Hungary’s economy

Thursday, May 25th, 2023

A left-wing columnist believes the Hungarian economy is in crisis, while a pro-government commentator sees a light at the end of the tunnel. READ MORE

Inflation hits 24.5 percent in December

Saturday, January 21st, 2023

As year-on-year inflation breaks another record, economists wonder if rapidly rising prices have any potential benefit. READ MORE

Fears of potential Hungarian default

Thursday, August 18th, 2022
Economic analysts across the political spectrum comment on opposition suggestions about a looming default.

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Former National Bank President predicts restrictions 

Saturday, January 8th, 2022

György Surányi, who served as President of the National Bank under a socialist-liberal government in the 1990s, sees monetary and fiscal restrictions as necessary. A pro-government economist dismisses the suggestion and accuses Surányi of serving foreign interests. READ MORE

Mortgage interest rates capped

Friday, December 24th, 2021

The leading independent online business news outlet doubts that the government’s decision to freeze mortgage interest rates will help to keep surging inflation at bay. READ MORE

Left-wing concerns about public deficit

Friday, November 19th, 2021

A left-wing columnist questions government statements about the health of public finances – echoing alarm expressed by the President of the National Bank over high government expenditures. READ MORE

National Bank President urges fiscal readjustment

Wednesday, November 17th, 2021

In an opinion piece in the main pro-government daily, National Bank president György Matolcsy warns that a high public deficit and the worsening trade balance make Hungary vulnerable to international financial shocks and demands swift action. READ MORE

Loan repayment moratorium extended again

Monday, September 20th, 2021

Two liberal commentators find the government’s decision to keep the loan repayment moratorium in force beyond the 2022 election controversial and potentially counterproductive. READ MORE

Matolcsy cautions against rushed introduction of Euro

Friday, August 6th, 2021

A left-wing commentator disagrees with the National Bank governor, who does not consider as timely the adoption of the common European currency. A conservative economist remarks that Hungary cannot in any case rapidly introduce the Euro – thanks to the previous Socialist-Liberal governments. READ MORE

Monetary experts warn against high debt

Saturday, March 20th, 2021

Two chief economists of the Hungarian National Bank dismiss the suggestion, broadly held among left-wing US economists, that governments have no reason to worry about high levels of public debt. READ MORE