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
Battered Forint sinks 10 per cent this year
Friday, September 25th, 2020A 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
Forint depicted as more resilient than the Euro
Thursday, August 6th, 2020A 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
National Bank cuts base rate
Friday, June 26th, 2020A 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
A new strategy at the Hungarian National Bank?
Friday, June 12th, 2020An 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
Soros accused of speculating against the Forint
Monday, April 13th, 2020The 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
National Bank intervenes as Forint hits historic low
Friday, April 3rd, 2020A 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
Skirmish between Varga and Matolcsy
Saturday, September 21st, 2019As 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