MNB extends cheap loan programme
Monday, September 16th, 2013Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth. READ MORE
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth. READ MORE
Left-wing and liberal pundits harshly criticize the government’s bid for Dunaferr Steel Works after it announced the layoff of 1,500 employees. Critics suggest that renationalization will mean that taxpayers will have to shoulder the company’s losses. READ MORE
According to a recent poll, 42 per cent of Hungarians believe in secret plots aimed at ruling their country from behind the scenes. Although Fidesz voters are less likely to buy these conspiracy theories than Socialist sympathizers, a left-wing commentator blames the government for the popularity of such views. READ MORE
Left-wing columnists fear further austerity measures. A pro-government pundit notes that although the excessive deficit procedure has been lifted, the government should not expect an end to criticism from the EU. A conservative commentator, on the other hand, hopes that Fidesz will call a truce with the EU. READ MORE
Commentators and political analysts ponder the prospects of the Hungarian economy and the chances of government projects as the country is likely to soon exit the EU excessive deficit procedure. READ MORE
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management. READ MORE
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
An independent conservative blogger calls for the resignation of the Minister of National Economy, holding him responsible for last year’s negative growth rate. A pro-government commentator welcomes the imminent departure of the present chairman of the National Bank, in early March. 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
The leading left-wing daily comments on a recent consumer confidence study, which suggests that the Hungarian public is highly disillusioned, despite the government’s efforts to communicate what it considers an economic success story. READ MORE