Entries RSS Feed Share Send to Facebook Tweet This Accessible version

Considerations on austerity and South European unrest

Saturday, November 17th, 2012

A right-wing columnist accuses the EU of mindlessly serving the interests of Western European banks by forcing economically paralyzing restrictions on highly indebted member states on the periphery of the continent. A left-wing pundit on the other hand sees no alternative to austerity and welfare cuts. READ MORE

Matolcsy’s 397 billion Forint adjustment package

Monday, October 8th, 2012

Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a verdict on the government’s efforts. READ MORE

Austerity or stimulus?

Friday, August 24th, 2012

Commentators across the political spectrum debate whether public programs or restrictions on spending would help most to overcome the economic crisis.  Pro-government analysts recommend a Keynesian stimulus, while a liberal economist considers this option unavailable for the Hungarian government. READ MORE

No reason to celebrate Greek election results

Wednesday, June 20th, 2012

Commentators on both the left and the right warn that the victory of Greek moderate parties in Sunday’s elections will not bring the economic and political crisis in the country to an end. They all agree that if Greece defaults, it will entail the end of the European Union. READ MORE

Right-wing fears about the future of the EU

Wednesday, May 9th, 2012

Right-wing analysts ponder the possible consequences of the French and Greek elections, and express concern that the EU may fall into an even deeper political and economic crisis as a result of the strengthening of anti-austerity populism. READ MORE

Infringement procedures against Hungary: a collision of principles?

Monday, March 12th, 2012

Commenting on the European Commission’s decision to launch infringement procedures against Hungary, left-wing columnists believe that Brussels took a moral stand, while their conservative counterparts interpret the Commission’s decision as an example of the EU’s double standards. READ MORE

Austerity stifles growth

Friday, March 9th, 2012

Writing in a right-wing daily, the economist László Gazdag criticizes the austerity measures of past Socialist governments and thereby expresses implicit criticism of the strict fiscal policies pursued by the present government. READ MORE

Orbán’s tactics over the EU pact

Tuesday, December 13th, 2011

Analysts across the political spectrum criticize the Prime Minister’s controversial message after last week’s European summit. A left-wing commentator, however, finds Orbán’s strategy reasonable and believes the PM’s apparent inconsistency is motivated by the expectations of the public. READ MORE

No growth in sight

Friday, September 30th, 2011

The main pro-government daily is worried about how the public will receive the rigorous fiscal policy that the government has to follow in today’s hostile environment. READ MORE

No alternative

Thursday, September 8th, 2011

Left wing commentators are extremely critical of the measures announced by the Prime Minister and the Economy Minister on Tuesday. The right wing daily Magyar Nemzet reminds readers that it was the previous Socialist governments which ran the country so deeply into debt. READ MORE