The Budget – A Labyrinth of Question Marks

I have never envied those who had to prepare a budget, and even less those who were expected to stick to it. Early in my career, I also worked on preparing budgets for construction projects. Although detailed plans were available,...

Rising Hungarian Real Estate Prices Due to Industrial Development: An Expanded Analysis

The Hungarian government’s ambitious industrial development plans, aimed at boosting the electric vehicle industry, will lead to the construction of significant manufacturing capacity in the country in the coming years. While this development is welcome, it can also have unintended consequences, particularly in the real estate markets of rural cities.

The Crystal Ball of the Economy

Everyone wants to leave a mark. Yet we often leave traces behind without even thinking about them. Every decision leaves a mark and has an impact on the wider world around us. A new refrigerator in our kitchen is something...

Where to, Hungarian economy?

The Hungarian economy’s own resources are being depleted, making it difficult to choose the right direction for economic development.

Profit or Loss? Assessing the Hungarian National Bank

The Hungarian National Bank (MNB) has reported negative equity of HUF 3,200 billion. This figure has appeared in several news reports and is significant in its own right. Yet the central bank rarely features in our everyday concerns, even though...