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Forint hits record low

Tuesday, October 4th, 2022

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 on inflation and the Forint

Monday, July 18th, 2022

Weeklies 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, 2022

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

National Bank’s rate hikes deemed necessary

Friday, September 3rd, 2021

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

Matolcsy cautions against rushed introduction of Euro

Friday, August 6th, 2021

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

National Bank raises base rate

Thursday, June 24th, 2021

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

National Bank hints at rate hike

Saturday, May 29th, 2021

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

Government announces pension rise

Saturday, May 1st, 2021

In 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, 2020

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

Budapest’s tourist industry in crisis

Saturday, September 26th, 2020

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