Left-wing and liberal analysts blame the government and the National Bank for the high price Hungarians are paying to regain the trust of the markets. A pro-government pundit is optimistic that Hungary can avoid recession – despite the global economic crisis. READ MORE
As year-on-year inflation hits 20,1 per cent in September, and 1 Euro trades at 429 HUF, an independent financial analyst wonders how and if the decline of the Forint can be halted. READ MORE
As 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 across the political spectrum ponder the causes and possible remedies of steep inflation and the weak Forint. READ MORE
A 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
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
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
Commenting 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
As 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
In order to compensate pensioners for higher-than-expected inflation, the government has announced pension hikes retroactive from January. READ MORE