Bank chief slams government economic policy
Friday, March 10th, 2023Is this a war? The number one tabloid asks, referring to a statement by the President of the National Bank in Parliament on Wednesday. READ MORE
Next year’s budget deficit revised upwards
Saturday, December 31st, 2022A left-wing commentator lambasts the Fiscal Council of Hungary, which has approved the amendments to next year’s budget, albeit with several reservations. READ MORE
National Bank president criticizes government
Saturday, December 10th, 2022A left-wing columnist calls on the Prime Minister to step down, after the President of the National Bank informed a parliamentary committee that Hungary is on the brink of an economic crisis. A pro-government pundit finds both this suggestion, and Mr Matolcsy’s criticism unfounded. READ MORE
Left-wing concerns about public deficit
Friday, November 19th, 2021A left-wing columnist questions government statements about the health of public finances – echoing alarm expressed by the President of the National Bank over high government expenditures. READ MORE
National Bank President urges fiscal readjustment
Wednesday, November 17th, 2021In an opinion piece in the main pro-government daily, National Bank president György Matolcsy warns that a high public deficit and the worsening trade balance make Hungary vulnerable to international financial shocks and demands swift action. READ MORE
Matolcsy cautions against rushed introduction of Euro
Friday, August 6th, 2021A 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, 2021Commenting 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
Monetary experts warn against high debt
Saturday, March 20th, 2021Two chief economists of the Hungarian National Bank dismiss the suggestion, broadly held among left-wing US economists, that governments have no reason to worry about high levels of public debt. READ MORE
Prime Minister expects fast growth in 2021
Tuesday, January 5th, 2021A 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
Left urges Hungary to join the Eurozone
Thursday, July 16th, 2020Endorsing the position of the main opposition parties, a left-wing commentator believes the government is harming the national interest by not joining the Eurozone. READ MORE