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Archive for the ‘Magyar Nemzet’ Category

Light optimism and deep scepticism after the Minsk talks

Saturday, February 14th, 2015

Commentators wonder if the agreement reached by Europe, Russia and Ukraine in Minsk can be implemented and if it can prevent the escalation of the Ukraine crisis. READ MORE

Hungary buys stake in ERSTE, pledges bank tax cut

Thursday, February 12th, 2015

Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises. READ MORE

Simicska bitterly opposed to 5 per cent advertising tax

Saturday, February 7th, 2015

The dailies build long stories around one single sentence uttered by the owner of Magyar Nemzet and HírTV, according to which any increase in the ads tax to be paid by most media outlets will lead to “a total media war.” (According to estimates, this would mean an increase from the current 0.5% or 1% ad tax to around 5%) READ MORE

Merkel’s visit – all sides satisfied

Wednesday, February 4th, 2015
Left and right-wing commentators draw up an equally positive balance sheet of Chancellor Merkel’s visit, but for opposing reasons. The former believe the Chancellor taught PM Orbán a lesson, while the latter suggest that her one day visit was a show of basic unity despite disagreements on some matters.

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More on Merkel’s visit

Tuesday, February 3rd, 2015
A liberal pundit feels let down by the German Chancellor. She would have expected her to schedule a meeting with critics of the government. A pro-government columnist interprets the Chancellor’s visit as an acknowledgement of the changes Hungary has undergone over the past years.

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’Hungarian cure’ defended

Saturday, January 31st, 2015

A right-wing commentator takes up the defences of Hungary’s therapy for its forex mortgage hangover in the face of criticism by the Financial Times, which warned other countries of the region against copying the ‘Hungarian cure’. READ MORE

New US ambassador arrives in Budapest

Thursday, January 22nd, 2015

Commentators on both the Right and Left believe that US-Hungarian diplomatic relations are unlikely to improve significantly once the new US Ambassador Colleen Bell takes up her duties in Budapest. READ MORE

Swiss Franc soars

Saturday, January 17th, 2015

In a comment on the shock caused by the decision of the Swiss National Bank to lift the currency cap which pegged the Swiss Franc to the Euro, commentators on both Left and Right praise the government’s earlier decision to convert FX mortgages into Forint loans. READ MORE

Lessons of the Charlie Hebdo attack

Monday, January 12th, 2015

Commentators across the political spectrum try to assess the long-term consequences of the Charlie Hebdo massacre. Among other issues, they dispute whether free speech can or should ever be constrained in order to protect religious sensibilities and avert fundamentalist violence. READ MORE

Euro and Forint weaken

Wednesday, January 7th, 2015

As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors. READ MORE