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
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
As the Minister of Finance and the President of the National Bank disagree on monetary policy, left-wing and pro-government analysts offer diametrically opposing views on the state of the Hungarian economy. READ MORE
As the Forint weakens to an all-time low against key currencies, a liberal analyst thinks that the government has multiple reasons not to introduce the Euro. READ MORE
A left-wing commentator excoriates the National Bank for not intervening in defence of the national currency as its exchange rate scrapes just short of 332 to the Euro. READ MORE
The leading independent business news site agrees with the decision of the National Bank to keep its base rate low. It predicts that as growth slows down in Europe, the Hungarian National Bank can keep its loose monetary policy alive for a long time without having to fear a sudden weakening of the national currency. READ MORE
An analyst writing for the leading online business news site believes that growing productivity and the weakening Forint may help Hungary avoid a ‘wage hike catastrophe’. READ MORE
A pro-government financial expert cautions the National Bank against yielding to market pressure and raising interest rates. READ MORE