Government extends loan rate caps
Friday, October 28th, 2022A left-wing commentator questions the government’ decision to impose interest rate caps on business loans. READ MORE
A left-wing commentator questions the government’ decision to impose interest rate caps on business loans. READ MORE
Two liberal commentators find the government’s decision to keep the loan repayment moratorium in force beyond the 2022 election controversial and potentially counterproductive. READ MORE
Echoing the opposition parties, a left-wing commentator accuses the government of ‘bleeding dry’ local councils by reducing local business taxes. A pro-government columnist, on the other hand, accuses the opposition of the ‘absurd tendency’ to increase taxes in times of economic hardship. READ MORE
An independent financial analyst agrees with the Prime Minister that Hungary can secure cheap loans and finance the country even without the EU reconstruction fund, which for the moment has been blocked by Hungary and Poland. READ MORE
A pro-government commentator praises the Prime Minister for his bold measures to mitigate the economic effects of the pandemic. The leading online business news site also welcomes the government’s decision to extend the loan repayment moratorium. READ MORE
A pro-government commentator welcomes the government’s plan to help Hungarian families and businesses survive the financial problems the coronavirus pandemic is sure to bring. A left-wing pundit calls for more government action to protect jobs. READ MORE
As Christian Democrat MPs table a new bill on family insolvency, a liberal columnist fears that even this scheme will not bail out families in extreme need. A conservative commentator on the other hand believes that the government is offering effective help for all different types of debtors, to save them from eviction and the loss of their property. READ MORE
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises. READ MORE
Commentators welcome the government’s decision to convert FX mortgages into Forint loans at market rates. READ MORE
As Parliament passes the law on foreign currency loans and PM Orbán announces a new era of ’fair banks’, the leading left-wing daily calls for an era of fair politics. A conservative columnist on the other hand, welcomes the idea of a more regulated financial system that would be more in line with national interests. READ MORE