The weeklies were already on the stands when the Prime Minister announced that he had instructed his Finance Minister and asked the President of the National Bank to slash inflation by half next year. Business commentators already express concern over inflation rates that reached 20.1 per cent year on year in September. Online sites have already reacted to the Mr Orbán’s announcement. READ MORE
As year-on-year inflation hits 20,1 per cent in September, and 1 Euro trades at 429 HUF, an independent financial analyst wonders how and if the decline of the Forint can be halted. READ MORE
As the national currency sinks below 320 to the Euro, a critic of the government admits that the reasons are largely outside the government’s control. READ MORE
A leading economic analyst fears that the combination of rapidly growing inflation, high energy prices and an economic slowdown in Germany may cause a deep recession in Hungary as well. READ MORE
The leading online business media outlet comments on the government’s decision to save heating gas as another indication that the European energy crisis has deep implications for Hungary too. READ MORE
An economic analyst predicts that the 2023 approved by Parliament on Tuesday will need to be revised several times due to global economic uncertainties. READ MORE
A middle-of-the-road economic analyst thinks that the government decision to limit access to cheap, subsidized household energy will further increase the inflation rate and make a recession more likely. READ MORE
A conservative economist suggests that Hungary’s improving competitiveness is the result of the government’s pro-growth policies. According to another leading analyst, Hungary is unlikely to catch up with EU average wages anytime soon. READ MORE
Commentators across the political spectrum ponder the broader implications of EU sanctions on the future of Europe. READ MORE
A left-wing commentator accuses the government of proposing an illegitimate and extremely restrictive budget for 2023. His pro-government counterpart argues that the government will keep energy prices down and welfare spending high. READ MORE