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Next year’s budget deficit revised upwards

Saturday, December 31st, 2022

A 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, 2022

A 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, 2021

A 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, 2021

In 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, 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

Monetary experts warn against high debt

Saturday, March 20th, 2021

Two 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, 2021

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

Left urges Hungary to join the Eurozone

Thursday, July 16th, 2020

Endorsing 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

Matolcsy calls the Euro a mistake

Thursday, November 7th, 2019

A leading business analyst finds it obvious that since the President of the National Bank urged the EU to lift the obligation of member countries to join the Eurozone, Hungary has no intention of joining the common currency. READ MORE