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THE IMF ON THE HUNGARIAN ECONOMIC STRATEGY AND MATOLCSY’S ANSWER

  The IMF’s Executive Board concluded its post-program monitoring of Hungary for the year 2010, and the report is less diplomatic than the usual IMF assessments. The IMF considers the government’s...

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Hungarian public opinion on Viktor Orbán’s “war of independence”

It is an open secret that some leading European politicians worry about adopting too stringent a stance toward the Orbán government in case of a backlash. Their fear, which is fed by the Hungarian...

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György Matolcsy and Goldman Sachs: November 17, 2011

Exactly a month ago I wrote a post about Helga Wiedermann’s forthcoming book under the title “‘Secrets revealed’: Memoirs about the financial attacks on Hungary.” Wiedermann, about whom nobody knew...

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Labor shortage, emigration, and the economy

A couple of weeks ago Hungary’s National Association of Employers and Manufacturers (Munkaadók és Gyáriparosok Országos Szövetsége/MGYOSZ) sounded the alarm about the acute labor shortage in the...

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Deputy central bank chairman Júlia Király’s personal story of the 2008...

I just finished reading a fascinating book by Júlia Király, deputy chairman of the Hungarian Central Bank between 2007 and 2013, on her recollections and analysis of the 2008 economic crisis in...

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