Forint hits record low
Tuesday, October 4th, 2022As the national currency sinks below 320 to the Euro, a critic of the government admits that the reasons are largely outside the government’s control. READ MORE
Weeklies on inflation and the Forint
Monday, July 18th, 2022Weeklies across the political spectrum ponder the causes and possible remedies of steep inflation and the weak Forint. READ MORE
‘Don’t panic!’ – Reactions to the war in Ukraine
Wednesday, March 9th, 2022A left-wing commentator calls on Hungarians not to lose their heads, as many start getting rid of their Forints, queuing up for passports, and piling up iodine pills. READ MORE
National Bank’s rate hikes deemed necessary
Friday, September 3rd, 2021An 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
Matolcsy cautions against rushed introduction of Euro
Friday, August 6th, 2021A 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
National Bank raises base rate
Thursday, June 24th, 2021Commenting on the rate hike announced by the National Bank on Tuesday, a left-wing columnist interprets National Bank President Matolcsy’s criticism of overspending as a declaration of war on the government. READ MORE
National Bank hints at rate hike
Saturday, May 29th, 2021As the Hungarian National Bank announces plans to raise the base rate to keep inflation at bay, a left-wing analyst fears that families will be in trouble if they need to pay higher interest on mortgages. READ MORE
Government announces pension rise
Saturday, May 1st, 2021In order to compensate pensioners for higher-than-expected inflation, the government has announced pension hikes retroactive from January. READ MORE
Forint expected to weaken further
Friday, October 16th, 2020A senior financial analyst predicts that the Forint decline against the Euro will continue as a result of low interest rates. He suggests that both low rates and a weaker Forint are beneficial for Hungarian businesses. READ MORE
Budapest’s tourist industry in crisis
Saturday, September 26th, 2020The official overseeing tourism and festivals in the capital warns that many hotels and restaurants will be unable to withstand another six months without tourists in Budapest. READ MORE