{"id":157867,"date":"2026-01-15T15:25:29","date_gmt":"2026-01-15T15:25:29","guid":{"rendered":"https:\/\/friss-hirek.hu\/index.php\/onnan-kap-pofont-a-magyar-allamadossag-ahonnan-nem-is-gondolnad\/friss-hirek\/"},"modified":"2026-01-15T15:25:29","modified_gmt":"2026-01-15T15:25:29","slug":"onnan-kap-pofont-a-magyar-allamadossag-ahonnan-nem-is-gondolnad","status":"publish","type":"post","link":"https:\/\/friss-hirek.hu\/index.php\/onnan-kap-pofont-a-magyar-allamadossag-ahonnan-nem-is-gondolnad\/uzlet\/","title":{"rendered":"Onnan kap pofont a magyar \u00e1llamad\u00f3ss\u00e1g, ahonnan nem is gondoln\u00e1d"},"content":{"rendered":"<p><strong>Sokkal kevesebb \u00e1llamk\u00f6tv\u00e9nyt v\u00e1s\u00e1rolnak majd a holland nyugd\u00edjalapok \u00e9s ez Magyarorsz\u00e1gon is \u00e9rezteti majd a hat\u00e1s\u00e1t.<\/strong><\/p><div id=\"friss-2405789654\" class=\"friss-etarget friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div>\n<p><strong>Mi t\u00f6rt\u00e9nt?<\/strong> Jelent\u0151sen \u00e1talakult 2026 janu\u00e1rj\u00e1t\u00f3l a holland nyugd\u00edjrendszer. Ez a v\u00e1ltoz\u00e1s pedig dr\u00e1g\u00edthatja m\u00e9g a magyar \u00e1llam finansz\u00edroz\u00e1s\u00e1t is.<\/p>\n<p><strong>Kontextus: <\/strong>A holland nyugd\u00edjalapok eddig nagy mennyis\u00e9gben v\u00e1s\u00e1roltak hossz\u00fa lej\u00e1rat\u00fa \u00e1llamk\u00f6tv\u00e9nyeket. A garant\u00e1lt kifizet\u00e9s lehet\u0151v\u00e9 tette, hogy el\u0151re r\u00f6gz\u00edtett nyugd\u00edj\u00f6sszeget garant\u00e1ljanak. Hollandia azonban \u00e1talak\u00edtotta a nyugd\u00edjrendszer\u00e9t. A nyugd\u00edjak \u00f6sszege az idei \u00e9vt\u0151l m\u00e1r att\u00f3l f\u00fcgg, hogy a nyugd\u00edjalap befektet\u00e9sei hogyan teljes\u00edtenek. Ez azt jelenti, hogy elhagyhatj\u00e1k a hossz\u00fat\u00e1v\u00fa \u00e1llampap\u00edrokat a kock\u00e1zatosabb k\u00f6tv\u00e9nyek\u00e9rt, p\u00e9ld\u00e1ul r\u00e9szv\u00e9nyek\u00e9rt.<\/p>\n<div class=\"related-post-links\">\n<p>\t\t<span class=\"related-post-links__title minititle\">T\u00f6bb ebb\u0151l<\/span><\/p>\n<div class=\"related-post-links__link-wrapper\">\n\t\t\t\t<a href=\"https:\/\/forbes.hu\/penz\/internet-allampapir-ktj-penz-befektetes-hozam-map\/\" class=\"related-post-links__link\">Offline megtakar\u00edt\u00f3k aranyb\u00e1ny\u00e1ja: egyre n\u00e9pszer\u0171bb egy interneten nem kaphat\u00f3 \u00e1llampap\u00edr<\/a>\n\t\t\t<\/div>\n<div class=\"related-post-links__link-wrapper\">\n\t\t\t\t<a href=\"https:\/\/forbes.hu\/penz\/egy-ket-gombnyomassal-is-elerhetok-a-befektetesek-a-hazai-banki-appokban\/\" class=\"related-post-links__link\">Befektet\u00e9si kisokos: m\u00e1r csak p\u00e1r gombnyom\u00e1s hat magyar bankn\u00e1l is, mutatjuk a r\u00e9szleteket!<\/a>\n\t\t\t<\/div>\n<\/div>\n<p><strong>Mi\u00e9rt fontos ez? <\/strong>A nyugd\u00edjalapokn\u00e1l van az eur\u00f3t haszn\u00e1l\u00f3 orsz\u00e1gok t\u00edz \u00e9vn\u00e9l hosszabb lej\u00e1rat\u00fa \u00e1llamk\u00f6tv\u00e9nyeinek k\u00f6r\u00fclbel\u00fcl 10 sz\u00e1zal\u00e9ka. A holland mag\u00e1nnyugd\u00edjvagyon \u00f6sszesen k\u00f6r\u00fclbel\u00fcl 1900 milli\u00e1rd eur\u00f3. A holland ING bank munkat\u00e1rsa szerint a v\u00e1ltoz\u00e1s minden eur\u00f3pai \u00e1llamk\u00f6tv\u00e9nyt \u00e9rinteni fog.<\/p>\n<p>Magyarorsz\u00e1g az OECD \u00e9s az Eur\u00f3pai Uni\u00f3 mez\u0151ny\u00e9ben is nagyon dr\u00e1g\u00e1n tudja finansz\u00edrozni mag\u00e1t. 2024-ben az \u00e1llam kamatkiad\u00e1sai a GDP 5 sz\u00e1zal\u00e9k\u00e1t tett\u00e9k ki az Eurostat adatai szerint. Az \u00e1llamnak sokba ker\u00fclnek a kor\u00e1bbi <a href=\"https:\/\/forbes.hu\/penz\/acs-vilaga-ev-ertekelo-2026-valasztasok-forint-reszvenyek-btc-arany-politika\/\">kedvez\u0151 kamatoz\u00e1s\u00fa lakoss\u00e1gi \u00e1llampap\u00edrok<\/a>, m\u00e1sr\u00e9szt a piac be\u00e1razza a haz\u00e1nk kedvez\u0151tlen makrogazdas\u00e1gi kil\u00e1t\u00e1sait.<\/p>\n<p>A Hold Alapkezel\u0151 r\u00e9szv\u00e9nyelemz\u0151je a <a href=\"https:\/\/telex.hu\/g7\/penz\/2026\/01\/15\/magyar-allamadossag-finanszirozas-holland-nyugdijreform-allamkotveny\">G7<\/a>-nek azt mondta, hogy r\u00f6vid t\u00e1von minim\u00e1lis, \u00e9s ink\u00e1bb k\u00f6zvetett hat\u00e1sa lehet a magyar ad\u00f3ss\u00e1gfinansz\u00edroz\u00e1sra a holland reformnak. Farkas Zsombor, szerint \u201ea holland nyugd\u00edjalapok\u00a0a reform hat\u00e1s\u00e1ra a hossz\u00fa lej\u00e1rat\u00fa \u00e1llampap\u00edrjaik kitetts\u00e9g\u00e9t cs\u00f6kkentik, \u00e9s ezen bel\u00fcl is f\u0151leg a n\u00e9met, francia \u00e9s holland \u00e1llamk\u00f6tv\u00e9nyeket adj\u00e1k el. A magyar \u00e1llamad\u00f3ss\u00e1gon bel\u00fcl k\u00f6r\u00fclbel\u00fcl 4 sz\u00e1zal\u00e9k a 20 \u00e9vn\u00e9l hosszabb lej\u00e1rat\u00fa \u00e1llamk\u00f6tv\u00e9nyek ar\u00e1nya, \u00edgy a f\u0151 \u00e1tt\u00e9teles hat\u00e1s az lehet, ha a piac sz\u00e1m\u00e1ra referenciak\u00e9nt szolg\u00e1l\u00f3 holland, francia \u00e9s n\u00e9met k\u00f6tv\u00e9nyek hozama n\u0151, ez esetben ugyanis a magyar ad\u00f3ss\u00e1gfinansz\u00edroz\u00e1s is dr\u00e1gulhat\u201d.<\/p>\n<p><!-- No email blocks found --><\/p>\n<p>The post <a href=\"https:\/\/forbes.hu\/penz\/holland-nyugdijrendszer-finanszirozas-allampapir\/\">Onnan kap pofont a magyar \u00e1llamad\u00f3ss\u00e1g, ahonnan nem is gondoln\u00e1d<\/a> appeared first on <a href=\"https:\/\/forbes.hu\/\">Forbes.hu<\/a>.<\/p><div id=\"friss-2950746972\" class=\"friss-etarget-cikk-vege friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div><div id=\"friss-798667632\" class=\"friss-after-content friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div><div id=\"friss-637485487\" class=\"friss-after-content_2 friss-entity-placement\" style=\"clear: both;\"><div class=\"wprss_ajax\" data-id=\"rss577a2895aa\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/friss-hirek.hu\/wp-content\/plugins\/wp-rss-retriever\/inc\/imgs\/ajax-loader.gif\" alt=\"Loading RSS Feed\" width=\"16\" height=\"16\"><\/div><\/div><br style=\"clear: both; display: block; float: none;\"\/><div id=\"friss-1386707082\" class=\"friss-after-content_3 friss-entity-placement\">https:\/\/www.youtube.com\/watch?v=Pdnw4KiUWp0<\/div>","protected":false},"excerpt":{"rendered":"<p>Sokkal kevesebb \u00e1llamk\u00f6tv\u00e9nyt v\u00e1s\u00e1rolnak majd a holland nyugd\u00edjalapok \u00e9s ez Magyarorsz\u00e1gon is \u00e9rezteti majd a hat\u00e1s\u00e1t. Mi t\u00f6rt\u00e9nt? Jelent\u0151sen \u00e1talakult 2026 janu\u00e1rj\u00e1t\u00f3l a holland nyugd\u00edjrendszer. Ez a v\u00e1ltoz\u00e1s pedig dr\u00e1g\u00edthatja m\u00e9g a magyar \u00e1llam finansz\u00edroz\u00e1s\u00e1t is. Kontextus: A holland nyugd\u00edjalapok eddig nagy mennyis\u00e9gben v\u00e1s\u00e1roltak hossz\u00fa lej\u00e1rat\u00fa \u00e1llamk\u00f6tv\u00e9nyeket. A garant\u00e1lt kifizet\u00e9s lehet\u0151v\u00e9 tette, hogy el\u0151re r\u00f6gz\u00edtett [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-157867","post","type-post","status-publish","format-standard","hentry","category-uzlet"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/157867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/comments?post=157867"}],"version-history":[{"count":0,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/157867\/revisions"}],"wp:attachment":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/media?parent=157867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/categories?post=157867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/tags?post=157867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}