Główny temat z dnia Środa, 29. Październik 2008

Niestety tłumaczenie tego tekstu na język polski nie jest jeszcze dostępne, dlatego możemy udostępnić Ci wyłącznie wersję w języku: angielski.

Cash injection for Hungary and Ukraine

The International Monetary Fund (IMF) has granted Hungary and Ukraine loans worth billions of euros to stabilise the economies of the two countries in the ongoing financial crisis. Europe's press asks what impact this cash injection will have on the young democracies of Central and Eastern Europe.

Magyar Nemzet - Węgry

The conservative newspaper Magyar Nemzet fears that the IMF will in future take over the business of government in Hungary. "The fate of the country will from now on be guided by the International Monetary Fund. The government [of Prime Minister Ferenc] Gyurcsány will continue to rule as a puppet government. ... Our real prime minister will be called Dominique Strauss-Kahn, who recently almost lost his job as IMF chief because of a love affair. But the affair might even prove to be advantageous to us, for the IMF president is sure to have found out something about Hungary from his lover, who is of Hungarian extraction. ... [Nevertheless] our worst nightmares are ... now becoming reality. At any rate, we have lost the economic independence of which opposition leader Viktor Orbán recently spoke. And if we are told in future that because of IMF aid we have to keep tightening our belts, let us console ourselves with the curious fact that Hungary is the only colony of the International Monetary Fund within the EU." (29/10/2008)

» Artykuł (Link zewnętrzny, węgierski)
Więcej z przeglądu prasy na temat » Polityka finansowa, » Węgry, » Cały świat
Wszystkie dostępne teksty » Tamás Nánási

Der Standard - Austria

Hungary is making massive cuts in its social expenditure in a bid to get a loan from the IMF. The daily Der Standard expresses surprise at this unconventional approach to beating the financial crisis: "While governments all over the world are tying up major rescue packages Hungary has gone in the opposite direction. A package of cuts has already been presented - less state, the motto runs. The high public debt is seen as the root of all evil. The problem with this is that only the economists are having any say in the matter. ... The question of whether it is socially just has barely been mentioned. Who wants to block an IMF loan in a crisis? In Hungary, as elsewhere, what appeared impossible before the crisis can now be implemented within a matter of days and virtually without political discussion. This development deserves at least as much attention as the financial crisis itself." (29/10/2008)

» Artykuł (Link zewnętrzny, niemiecki)
Więcej z przeglądu prasy na temat » Polityka finansowa, » Węgry
Wszystkie dostępne teksty » Andras Szigetvari

The Independent - Wielka Brytania

After intervening in the financial crisis the EU is now faced with dealing with a crisis of confidence in the economies of some of its smaller member states, the liberal daily The Independent writes: "Hungary could be the first of several nations to face such a crisis. Romanian bonds have been downgraded and the Baltic nations are looking vulnerable.The IMF will take the lead in devising the terms of any rescue packages, but the EU will have a big role to play too. A boost in fiscal transfers through development budgets and an easing of its budget deficit rules are likely to be necessary. An interest rate cut by the European Central Bank should obviously be considered as well. The central challenge, in the immediate term, is to stop member states going to the wall. But in the longer term, the EU needs to demand that members rebalance their economies and become less reliant on debt to finance growth." (29/10/2008)

» Artykuł (Link zewnętrzny, angielski)
Więcej z przeglądu prasy na temat » Polityka gospodarcza, » Węgry, » Europa

Süddeutsche Zeitung - Niemcy

The German daily Süddeutsche Zeitung fears that the financial crisis could put the young democracies in Eastern Europe at risk. "Pessimists are already talking of the need to ward off the threat of national bankruptcy in Ukraine and Hungary. ... Since the fall of the [Berlin] Wall and the EU's eastwards expansion Central Eastern Europe's progress has been seen as a success story. ... For low lending rates, high rates of investment and improving living standards have led to a boom in the region that practically happened of its own accord. But now it turns out that at least in some states this success was built on sand - a life lived on bad loans. There is a dearth of reforms, of strong central banks and efficient bureaucracies. The voters in many young democracies are already disillusioned. If the necessary cuts and policy of austerity are now foisted upon them this could generate a very different kind of boom: that of populists and anti-Europeans." (29/10/2008)

» Dalsze informacje (Link zewnętrzny, niemiecki)
Więcej z przeglądu prasy na temat » Rozszerzenie UE, » Polityka finansowa, » Polityka gospodarcza, » Węgry, » Ukraina, » Europa Wschodnia
Wszystkie dostępne teksty » Cathrin Kahlweit

» Cały przegląd prasy z dnia Środa, 29. Październik 2008