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
A 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
The 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
A left-wing commentator thinks the government has contributed to weakening the national currency, while a business analyst sees no hope for a stronger Forint in the foreseeable future. READ MORE
A pro-government pundit regards the Forint as the cornerstone of Hungary’s political and economic independence, and predicts that the Hungarian currency will outlast the Euro. READ MORE
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
An independent analyst suspects that the National Bank has abandoned its policy of keeping interest rates down at any price, in an effort to stabilize the exchange rate of the Forint. READ MORE
The pro-government media suspects that the extreme volatility the Hungarian currency has shown over the past few days is due to speculative sales. They all believe that American-Hungarian financier George Soros may be the one pulling the strings. A liberal weekly ridicules that assumption. READ MORE