“The rationale is simple – the euro, according to the principles of economics, can be a single currency when the whole area has equal potential, that is, the same as Germany” – says Zbigniew Krysiak, a professor of finance at the Warsaw…
Poland – Being a sort of Polish-style New Deal, the “Polish Order” (Polski Ład) programme includes a tax reform component that, with its entry into force on 1 January, has become a cause for confusion and discontent. Many imperfections and errors require…
This article was published online by the Magyar Nemzet on 23 November 2021.
The economic integration of Eurasia began during this century; this included the establishment of strategic economic alliances between Germany, the V4 countries and East Asia. Based on their size,…
This article was published online by the Magyar Nemzet on 12 October 2021.
In 1990, Romania began their market transition; at the time, they had the lowest level of development in the region. Romanian development was at 34.3 percent of the EU…
This article was published online by the Magyar Nemzet on 22 September 2021.
In order to promote Hungary’s sustainable growth, we constantly analyze successful trends throughout the world economy. We are paying special attention to South Korea, Israel, Dubai, Singapore, successful Chinese cities,…
In vogue since the early 1990s and tested by several countries and some companies since then, the four-day working week has been actively discussed since the beginning of the “Covid era”. In March 2020, the Hungarian Euro-enthusiast party Momentum even included it…
Pologne – On September 7-9, 2021, the Sejm of the Republic of Poland is organizing the 30th edition of the Europe of the Carpathians conference in Karpacz. The event is organized together with the biggest economy meeting in Central Europe: the Economic…
Hungary – For several weeks now, the pro-government daily Magyar Nemzet has been opening its columns every Monday to the head of the Hungarian Central Bank (Magyar Nemzeti Bank – MNB), György Matolcsy, who comments on the Hungarian, European and international economic…
Hungary - The Hungarian Prime Minister Viktor Orbán has been vocal for some years now on the importance of stocking up on gold. On July 6, 2021, the Conservative politician visited the Hungarian National Bank and held a short speech at this…
Europe - What will be the effects of the coronavirus lockdown on the ideal of the welfare state in Europe? Simply put: The lockdown is destroying the middle class and hugely playing into the hands of the super-rich. While the owners of…
Hungary – EU member states have until 30 April to submit a plan for the usage of the 672.5 billion Euros that the Commission is going to levy from the financial markets during the next four years. This levy, entitled “Recovery and…
Full translation of Hungarian Prime Minister Viktor Orbán's address to the Hungarian parliament before the start of daily business, on February 15, 2021. Translation provided by the Hungarian government.
Honourable Speaker, Honourable Members of Parliament,
In line with our constitutional traditions, I…