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National Bank’s rate hikes deemed necessary

Friday, September 3rd, 2021

An independent economist welcomes the National Bank’s base interest rate hikes and the announcement of incremental tapering. He believes that returning to more orthodox monetary measures will help Hungary prepare for future financial turmoil. READ MORE

GDP growth exceeds expectations

Thursday, August 19th, 2021

A pro-government commentator believes that Hungary’s 17.9 per cent growth rate vindicates the government’s economic policy. The leading online business journal suspects that fast growth may necessitate further interest rate hikes by the National Bank. READ MORE

Matolcsy cautions against rushed introduction of Euro

Friday, August 6th, 2021

A left-wing commentator disagrees with the National Bank governor, who does not consider as timely the adoption of the common European currency. A conservative economist remarks that Hungary cannot in any case rapidly introduce the Euro – thanks to the previous Socialist-Liberal governments. READ MORE

Chances of rapid growth in 2021

Thursday, August 5th, 2021

An economic analyst thinks that Hungarian GDP growth may exceed 6 per cent only if the inflation rate is kept under control and there is no new major coronavirus outbreak. READ MORE

Dispute over government record

Tuesday, August 3rd, 2021

A pro-government commentator praises the government’s vaccination performance and post-Covid recovery policies. Left-wing columnists, on the other hand, fear serious problems ahead, including increasing inequality. READ MORE

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