Opposing takes on the state of Hungary’s economy
Thursday, May 25th, 2023A left-wing columnist believes the Hungarian economy is in crisis, while a pro-government commentator sees a light at the end of the tunnel. READ MORE
A left-wing columnist believes the Hungarian economy is in crisis, while a pro-government commentator sees a light at the end of the tunnel. READ MORE
A leading economic analyst fears that the combination of rapidly growing inflation, high energy prices and an economic slowdown in Germany may cause a deep recession in Hungary as well. READ MORE
A left-wing commentator fears that the government’s spending policies will further fuel already rampant inflation. A pro-government analyst quotes two independent analyses to justify his confidence that Hungarian growth will skyrocket. READ MORE
A left-wing commentator accuses the government of incompetence in both forecasting and managing inflation. A government-friendly analyst, on the other hand, remarks that old age pensioners will be more than compensated for the rise in prices. READ MORE
A pro-government commentator believes that Hungary’s 17.9 per cent growth rate vindicates the government’s economic policy. The leading online business journal suspects that fast growth may necessitate further interest rate hikes by the National Bank. READ MORE
An economic analyst thinks that Hungarian GDP growth may exceed 6 per cent only if the inflation rate is kept under control and there is no new major coronavirus outbreak. READ MORE
A pro-government commentator is hopeful that Prime Minsiter Orbán and National Bank President Matolcsy are right to expect a swift rebound for the Hungarian economy and the start of another ‘golden era of growth’. READ MORE
A conservative economist welcomes efforts by the government and the National Bank to boost the economy. A left-wing commentator fears that Hungary may pay a high price for the new foreign currency loans taken by the government. READ MORE
A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis. A centrist analyst predicts that after the health emergency, the government will face tremendous difficulties in managing the economy. READ MORE
The leading online financial news outlet contends that there is a huge variation in GDP estimates for 2020, but all analysts agree that the Hungarian economy will shrink this year, followed by a sharp rebound in 2021. READ MORE