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National Bank cuts base rate

Friday, June 26th, 2020

A pro-government analyst welcomes the National Bank’s decision to cut the base interest rate to 0.75 per cent in order to boost growth. A left-wing commentator fears that the Forint will sink further and Hungarian families will save less. READ MORE

Row over Budapest budget

Saturday, June 13th, 2020

A pro-government commentator dismisses as groundless an allegation advanced by Budapest Mayor Gergely Karácsony, that the government intends to punish Budapest by cutting its budget. A liberal pundit wonders if Budapest could become insolvent. READ MORE

Government tables 2021 budget

Friday, May 29th, 2020

A pro-government commentator welcomes the government’s desire to boost the economy and help families. A liberal analyst deems the governments’ growth expectations for 2021 unrealistic. READ MORE

Hungarian economy grows in Q1

Monday, May 18th, 2020

As the Central Statistical Office reports 2.2 per cent first quarter GDP growth, two conservative analysts ponder Hungary’s economic prospects and the return of growth after the coronavirus recession. READ MORE

Dispute over George Soros’s perpetual bonds proposal

Friday, May 1st, 2020

A conservative columnist believes that the ‘perpetual eurobonds’ proposed by George Soros would weaken national sovereignty and turn states into debt slaves. A liberal commentator acknowledges that the scheme has some risks, but nonetheless believes that such bonds would benefit Hungary. READ MORE

Hungary halfway into the virus crisis

Wednesday, April 22nd, 2020

The number one liberal weekly website quotes figures suggesting that the Hungarian economy only began to grapple with the virus emergency in March. READ MORE

Dispute over government’s economic measures

Monday, April 20th, 2020

A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis. A centrist analyst predicts that after the health emergency, the government will face tremendous difficulties in managing the economy. READ MORE

Recession deemed inevitable

Thursday, April 16th, 2020

The leading online financial news outlet contends that there is a huge variation in GDP estimates for 2020, but all analysts agree that the Hungarian economy will shrink this year, followed by a sharp rebound in 2021. READ MORE

Brussels urges free travel for essential workers

Wednesday, April 8th, 2020

As the European Commission urges countries not to apply today’s strict travel restrictions to workers performing critical jobs in other countries, a left-wing commentator remarks that those workers would also be critically needed in their own countries. READ MORE

National Bank intervenes as Forint hits historic low

Friday, April 3rd, 2020

A centrist analyst contends that the sudden weakening of the Forint can be explained by fears over Hungary’s emergency laws rather than by economic factors, and therefore the stabilization of the Hungarian currency’s exchange rate requires the adjustment of the government’s rhetoric and legislation style. READ MORE