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IMF resumes negotiations with Hungary

Monday, July 9th, 2012

Commentators in right wing dailies  welcome the news that the IMF has accepted the amended National Bank Act and will now resume negotiations. Left of centre dailies criticise the delays, the prevarications and fear that the government might at any time decide to turn back and play the ”Turkish card” again. READ MORE

2013 draft budget might be too optimistic

Saturday, June 16th, 2012

A right wing columnist suggests that the 2013 draft budget figures to be submitted to Parliament might be too optimistic, although they had been intended to reassure the markets. A left wing pundit thinks Economy Minister György Matolcsy’s attempt to refute an article published in The Economist is damaging to Hungary’s reputation. READ MORE

Hungarian fairy tale or sickness on the Danube? Who is right: The Economist or György Matolcsy?

Monday, June 11th, 2012

A left-wing pundit chastises public officials and the conservative press for what he calls their pathetic attempts to deny the charges levelled against the government in the West. Former chancellor Wolfgang Schüssel of Austria takes up PM Orbán’s defence. Otherwise, observers across the political spectrum agree that Hungary faces significant difficulties in the months ahead. READ MORE

Banks forced to cooperate

Saturday, December 17th, 2011

The government’s tough and uncompromising determination has successfully convinced the banks that they have to do more to help indebted Hungarians, struggling to service their loans in foreign currencies, a pro-government commentator believes. READ MORE

Demands for Matolcsy’s resignation

Wednesday, December 7th, 2011

Calls for the Minister of the Economy to resign are becoming more frequent, and are discussed by commentators from both sides of the political spectrum. A left wing columnist accuses PM Viktor Orbán of whipping up hatred, and calls upon moderate Fidesz politicians to intervene. His right wing counterpart favours a government compromise between employers and employees, rather than between the government and its opponents. READ MORE

Hungary downgraded to junk

Monday, November 28th, 2011

Left wing papers call for PM Viktor Orbán and National Economy Minister György Matolcsy to resign after Moody’s downgraded Hungary to junk status. There are striking differences of interpretation, meanwhile, between the two pro-government dailies. READ MORE

Magyar Hírlap attacks Matolcsy

Monday, September 26th, 2011

In a commentary which borders on the offensive, Magyar Hírlap compares the government’s economic policies to those of its left-wing predecessors. READ MORE

No alternative

Thursday, September 8th, 2011

Left wing commentators are extremely critical of the measures announced by the Prime Minister and the Economy Minister on Tuesday. The right wing daily Magyar Nemzet reminds readers that it was the previous Socialist governments which ran the country so deeply into debt. READ MORE