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Archive for the ‘Világgazdaság’ Category

Depopulating small settlements

Tuesday, August 11th, 2015

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

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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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 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

EDP exit seen as a step towards Orbán’s reelection

Monday, June 3rd, 2013

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

Brussels to lift excessive deficit procedure

Monday, May 27th, 2013

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

EU not to ease pressure on Hungary

Monday, May 6th, 2013

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

Conflicting opinions about Matolcsy’s appointment

Monday, March 4th, 2013

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

More controversy over the National Bank chief

Friday, February 8th, 2013

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

Business commentator sides with angry South Europeans

Saturday, September 29th, 2012

Hungary’s main business daily carries pungent criticism of the restrictive policies Brussels is imposing on Southern Europe. READ MORE