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Hungary’s economic record and outlook

Tuesday, July 6th, 2021

A conservative economist believes that Hungary’s growth rate confirms the wisdom of the government’s economic policies. Another analyst notes that Hungary is lagging behind most new EU member states in terms of growth. READ MORE

Ruminations on life after Covid

Monday, April 19th, 2021

As the third wave of the coronavirus passes its peak, the number of infections declines and the vaccination rate passes 31 per cent, commentators ponder the post-Covid prospects of economic recovery. READ MORE

Monetary experts warn against high debt

Saturday, March 20th, 2021

Two chief economists of the Hungarian National Bank dismiss the suggestion, broadly held among left-wing US economists, that governments have no reason to worry about high levels of public debt. READ MORE

Prospects of economic recovery

Saturday, February 6th, 2021

A left-wing economist fears that the growing public debt will undermine the economic recovery after the coronavirus crisis. A conservative analyst, on the other hand, points out that Hungarian average wages dropped the least in the EU, while the increase in public debt has also remained lower than the EU average. READ MORE

Government to abolish income-tax for under-25s

Friday, January 22nd, 2021

A left-wing commentator accuses the Prime Minister of cynicism after he offered exemption from income tax to young Hungarians. A conservative pundit, on the other hand, thinks that the tax exemption will benefit both the Hungarian economy as a whole, and the Roma minority. READ MORE

Prime Minister expects fast growth in 2021

Tuesday, January 5th, 2021

A pro-government commentator is hopeful that Prime Minsiter Orbán and National Bank President Matolcsy are right to expect a swift rebound for the Hungarian economy and the start of another ‘golden era of growth’. READ MORE

PM Orbán announces new economic action plan

Tuesday, December 22nd, 2020

Echoing the opposition parties, a left-wing commentator accuses the government of ‘bleeding dry’ local councils by reducing local business taxes. A pro-government columnist, on the other hand, accuses the opposition of the ‘absurd tendency’ to increase taxes in times of economic hardship. READ MORE

Hungary takes out 2.5 billion EUR loan

Wednesday, November 25th, 2020

An independent financial analyst agrees with the Prime Minister that Hungary can secure cheap loans and finance the country even without the EU reconstruction fund, which for the moment has been blocked by Hungary and Poland. READ MORE

PM Orbán announces new restrictions to combat the pandemic

Wednesday, November 11th, 2020

A left-wing political scientist deems the government’s epidemic emergency policies announced on Monday belated and week. A pro-government commentator, on the other hand, thinks that the restrictions are necessary – and describes opposition criticism as incoherent and irresponsible. READ MORE

Hungarian economy seen as relatively resilient

Tuesday, October 27th, 2020

An independent economist points out that the first wave of the coronavirus pandemic had a deeper negative impact on other EU economies than on Hungary. READ MORE