Commentators across the political spectrum discuss the National Bank’s decision to go ahead with regular interest rate cuts and comment on the move of former National Bank President András Simor to the ERBD as a Vice-President. READ MORE
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government. READ MORE
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program. READ MORE
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a verdict on the government’s efforts. READ MORE
“It is crystal clear by now that the markets cannot tolerate Hungary’s “unorthodox” economic policies any longer,” says PM Orbán’s former Finance Minister. READ MORE