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May 2009

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Recession Forecast for the Property Market

The 19-point drop of the value of the index in nine months has been unprecedented. During the ten-year history of the survey, today's strong pessimism was matched only once, in July 2002. The outlooks have grown worse on all market sectors included in the survey, obviously not at the same rate.

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Reform Alliance Dissolves Itself

Sándor Laczkó
May 2, 2009

“Basically, all fields highlighted in the program of the Reform Alliance can be found in the then formulating crisis management plan of the government of Gordon Bajnai. However, this is not about how wise the Reform Alliance is, most experts have long been saying these reforms should be done and not just talked about.”

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