Entries RSS Feed Share Send to Facebook Tweet This Accessible version

Dispute over National Bank recruitment 

Wednesday, August 10th, 2016

A conservative columnist criticizes the National Bank for hiring former counterespionage officers. A pro-government economist, on the other hand, alleges that its critics want to take revenge on the National Bank for cutting into the profit of financial speculators.  READ MORE

In praise of Matolcsy’s central bank policies

Saturday, May 7th, 2016

Hungarian tax payers have walked away with huge gains thanks to National Bank President György Matolcsy’s bold policies, according to an article on a right-wing news site. READ MORE

Constitutional Court strikes down National Bank Act amendments

Monday, April 4th, 2016

As the Constitutional Court blocks the amended National Bank Act, a left-wing and a conservative analyst accuse the government of large scale corruption. A pro-government columnist, on the other hand, claims that the verdict shows that the rule of law is alive and well in Hungary. READ MORE

Parliament amends National Bank Act

Friday, March 4th, 2016

A left-wing and a centrist columnist criticize an amendment to the National Bank Act which removes from the realm of public funds the money offered by the National Bank to its own foundations – thereby allowing the Bank to treat that information as private. READ MORE

Base interest rate cut to historic low

Friday, July 24th, 2015

As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.

READ MORE

On GDP growth and public debt

Monday, August 25th, 2014

A conservative columnist points out that despite pessimistic projections, Hungarian GDP growth is the highest in the EU. A left-wing pundit shoots back that the government could not reduce the public debt. READ MORE

National Bank defiant

Friday, February 21st, 2014

A business daily thinks the Hungarian National Bank intended to flex its muscles  when it decided to cut its main interest rate again earlier this week, although the Forint lost approximately three per cent of its value to the main currencies over the past two weeks. READ MORE

Forint under pressure

Monday, February 3rd, 2014

A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations. READ MORE

Forint plunges but Bank chief’s lips are sealed

Saturday, February 1st, 2014

A pro-government commentator says cutting interest rates was good policy until now, but National Bank leaders should heed the clear signs that the markets want a rise. READ MORE

Forint hits ten months record low

Saturday, January 25th, 2014

A business weekly thinks that aside from the latest interest rate cut by the Hungarian National Bank, the Forint has lost ground over the past weeks because investors have grown increasingly cautious about emerging markets. READ MORE