Entries RSS Feed Share Send to Facebook Tweet This Accessible version

Ruminations on Hungary’s economic challenges

Friday, September 23rd, 2016

A left-wing sociologist thinks that the government has failed to improve welfare in Hungary. A pro-government economist contends that the Orbán government has been successful in boosting the economy and faces only ‘minor challenges’. READ MORE

Liberal pundit on brain drain

Saturday, August 1st, 2015

A liberal pundit agrees with Mihály Varga, Minister of National Economy that the brain drain is a serious problem for Hungary. He doubts, however, if the government can do much in the short run to slow down the exodus of skilled Hungarians by hiking the minimum wage. READ MORE

Employment figures improve

Friday, July 31st, 2015

As the employment rate increases to a 23 year high, pro-government and conservative columnists think that the Orbán government is on target to achieve its main employment objectives. A left-wing columnist, however, believes the employment picture is less rosy than the government claims. READ MORE

Hungarian employment rate on the rise

Thursday, June 11th, 2015

A conservative analyst deduces from major economic indicators that Hungary is on the right path. He finds the increasing number of new jobs particularly promising. READ MORE

Tesco closes 13 stores in Hungary

Friday, January 16th, 2015

A left-wing columnist accuses the government of responsibility for the layoff of five hundred employees as Tesco announces its decision to shut down 13 stores in Hungary. His pro-government counterpart believes that the unprofitable stores are to be closed down in a move of financial prudence and on account of the global problems of the London-based multinational. READ MORE

PM Orbán’s pledges to reindustrialize Hungary

Thursday, November 6th, 2014

A left-wing commentator contends that instead of boosting industrial output, the government should help the service sector. A conservative economist on the other hand notes that reindustrialization is in fashion both in the EU and in the US. READ MORE

Hungary’s structural economic dilemmas

Monday, May 26th, 2014

Analysts from right across the political spectrum warn that Hungary should focus more on economic sectors with higher added value, for wages and demand to catch up with western European levels. First and foremost, they believe, the government needs to help Hungarian investors and spend more on education. READ MORE

Government plans to buy Dunaferr Steel

Saturday, August 24th, 2013

Left-wing and liberal pundits harshly criticize the government’s bid for Dunaferr Steel Works after it announced the layoff of 1,500 employees. Critics suggest that renationalization will mean that taxpayers will have to shoulder the company’s losses. READ MORE

Rising employment, but no economic recovery

Monday, January 21st, 2013

Commenting on the latest employment statistics, a conservative economist points out that despite the good number of new jobs created, Hungary’s economic output has continued to decline. READ MORE

Who pays for the free lunch?

Tuesday, July 19th, 2011

Changes to the law which require work in return for welfare payments, are sharply criticised by left-leaning commentators. They suggest that the requirement is inhumane, and predict that the planned public work programme will prove costly and inefficient. A right-wing pundit writes that Hungary has no choice but to abolish unconditional benefits, because of the economic crisis. But a liberal journalist also welcomes public incentives which promote self-reliance. READ MORE