Depopulating small settlements
Tuesday, August 11th, 2015A centrist commentator blames decision makers for not even trying to address the frightening “free fall” in the number of inhabitants in rural areas. READ MORE
A centrist commentator blames decision makers for not even trying to address the frightening “free fall” in the number of inhabitants in rural areas. READ MORE
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
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
Commentators and political analysts ponder the prospects of the Hungarian economy and the chances of government projects as the country is likely to soon exit the EU excessive deficit procedure. READ MORE
A left wing daily claims that Prime Minister Viktor Orbán is bound to win the sympathy of the voters whether Brussels waives the excessive deficit procedure or not. A pro-government daily suggests that the EU has run out of excuses to keep a punitive measure in place, which in any case had more to do with anger with a country that defies orthodoxy yet remains successful. A business daily focuses on the new taxes to be introduced to meet the deficit target, and maintains that the planned tax on commercials and advertising revenue guarantees further control over the commercial media. READ MORE
Commentators from left to right believe that the EU is unlikely to lift the excessive deficit procedure imposed on Hungary, and agree that its motives are political. A pro-government commentator says there are foreign interests behind the pessimistic EU forecast, while both a left-wing editorial and a business columnist interpret the move as a warning to Hungary. READ MORE
Newspapers are full of mostly cautious speculation about the fate of the National Bank under György Matolcsy who hasserved so far as Minister for National Economy. While some commentators see his appointment as a coup, others point out that the markets had taken the change for granted. READ MORE
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government. READ MORE
Hungary’s main business daily carries pungent criticism of the restrictive policies Brussels is imposing on Southern Europe. READ MORE