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On GDP growth and public debt

Monday, August 25th, 2014

A conservative columnist points out that despite pessimistic projections, Hungarian GDP growth is the highest in the EU. A left-wing pundit shoots back that the government could not reduce the public debt. READ MORE

EU recognizes favourable growth forecasts

Friday, February 28th, 2014

Commenting on recent statistics, a pro-government economist contends that PM Orbán has been successful in consolidating the Hungarian economy. The leading left-wing daily cites data from the building industry to underpin its view that the government’s policies have mostly failed. READ MORE

Kúria rules forex based mortgage loans valid

Wednesday, December 18th, 2013

A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for. READ MORE

Hungary benefits from FED stimulus

Friday, September 20th, 2013

Népszabadság thinks the government may take a sigh of relief after the Federal Reserve Board decided not to cut back on its quantitative easing programme, but doubts if the ensuing favourable investors’ climate will last until next year’s elections. READ MORE

Government plans to convert forex debt, cut utility tariffs

Saturday, September 7th, 2013

A centrist-liberal commentator accuses the government of hindering economic growth in an effort to increase its popularity before next year’s election. Another determined critic of the government thinks the scheme will work because it meets well established public expectations. READ MORE

The pitfalls of forex-based mortgages

Thursday, September 5th, 2013

A liberal analyst says the greatest problem Fidesz faces in the upcoming campaign is how to handle hundreds of thousands of voters with forex mortgages who can no longer be won over with expressions of sympathy and solidarity. A left-leaning commentator disagrees and foresees further verbal manoeuvring to appease angry mortgage holders. READ MORE

Forex debtor rescue plans – the left-wing angle

Thursday, August 29th, 2013

Figyelő fears that the rescue scheme may encourage debtors to default. Népszabadság warns that imposing excessive burdens on banks will harm recovery. READ MORE

A solution in sight for the Forex mortgage crisis

Wednesday, August 28th, 2013

Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts. READ MORE

Euro over 300 HUF

Saturday, August 3rd, 2013

Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit. READ MORE

National Bank to be involved in FX mortgage conversion?

Thursday, August 1st, 2013

A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves to convert all FX household loans into Forint credits. READ MORE