Pro-government commentators wonder whether Hungary can expect more flexibility from the EU and the IMF, after Olli Rehn and Christine Lagarde suggested that the principle of deficit cuts is not carved in stone – for some EU member states, at least. READ MORE
A right-wing columnist, implicitly criticizing the Prime Minister’s March 15th speech, warns against harsh anti-EU rhetoric, and welcomes the more pragmatic approach which the PM usually employs towards foreign investors.
Writing in a right-wing daily, the economist László Gazdag criticizes the austerity measures of past Socialist governments and thereby expresses implicit criticism of the strict fiscal policies pursued by the present government. READ MORE
All commentators agree that 2012 will be even tougher than 2010. But they disagree on the reasons, and on the best policy to follow. READ MORE
Népszabadság and Magyar Nemzet call in unison for the establishment of a European credit rating agency. The two biggest Hungarian dailies agree that American credit rating agencies are trying to pressurize EU countries to reach an overall agreement this week, but at the same time play an important role in the economic war between the EU and the US. READ MORE
The main pro-government daily welcomes the government’s decision to buy up the shares of the Rába automotive company, as a sign that even amidst the current financial crisis, Hungary’s leaders try to invest in the future. READ MORE
If the Greek crisis escalates, the Hungarian economy will suffer badly – warns a liberal conservative blogger. The government, he believes, should retreat from its unorthodox policies in order to prevent an economic meltdown
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As the world mourns Steve Jobs, a blog is searching for his Hungarian equivalents and concludes that right now Hungary is not the best place for innovators. READ MORE
A pro-government commentator has urged the country’s top leadership to admit the failure of their economic policies, and to put the national economy on an “ultra-liberal” track, to avoid lasting stagnation. READ MORE
The Hungarian government has ordered the destruction of hundreds of hectares of corn grown from genetically modified seeds, in order to retain Hungary’s GMO-free image. Although an unusual consensus reigns among political parties on the importance of GMO-free agriculture, the press debates the economic and health related issues at stake. READ MORE