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Record GDP growth in 2018

Saturday, February 16th, 2019

Commenting on the official announcement which puts the growth of Hungary’s Gross Domestic Product at 4.8 per cent last year, commentators predict a moderate slowdown, while recognising that the growth figures eventually surpassed even the optimistic forecasts. READ MORE

Dispute over National Bank recruitment 

Wednesday, August 10th, 2016

A conservative columnist criticizes the National Bank for hiring former counterespionage officers. A pro-government economist, on the other hand, alleges that its critics want to take revenge on the National Bank for cutting into the profit of financial speculators.  READ MORE

New data protection bill for public enterprises

Friday, May 6th, 2016

Magyar Nemzet warns that a new bill restricting public scrutiny of state-owned companies could backfire, while Magyar Hírlap rejects such criticism as politically motivated. READ MORE

National Bank President still under fire

Friday, April 29th, 2016

As the debate over the management of the funds of the National Bank (MNB) rolls on, passionate articles abound both in condemnation and in defence of its President.

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Journalists leave VS.hu in protest

Thursday, April 28th, 2016

As at least five journalists leave the liberal news site in protest against covert funding by the National Bank, a pro government analyst calls them hypocrites. READ MORE

National Bank foundations make their accounts public

Tuesday, April 26th, 2016

As the National Bank’s foundations publish their expenditure reports, the leading left-wing daily accuses the National Bank leadership and the government of the “naked theft” of public funds. READ MORE

Constitutional Court strikes down National Bank Act amendments

Monday, April 4th, 2016

As the Constitutional Court blocks the amended National Bank Act, a left-wing and a conservative analyst accuse the government of large scale corruption. A pro-government columnist, on the other hand, claims that the verdict shows that the rule of law is alive and well in Hungary. READ MORE

Parliament amends National Bank Act

Friday, March 4th, 2016

A left-wing and a centrist columnist criticize an amendment to the National Bank Act which removes from the realm of public funds the money offered by the National Bank to its own foundations – thereby allowing the Bank to treat that information as private. READ MORE

Base rate cut to a record low

Thursday, July 24th, 2014

As the Monetary Council lowers the base rate to a historic low and announces the end of the easing cycle, columnists on both left and right acknowledge that Central Banker Governor Matolcsy’s bold and often criticized steps have proven valid. READ MORE

Positive feedback from the IMF

Monday, March 24th, 2014

A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth. READ MORE