Video: Hungarian PM Gordon Bajnai Defends His Economic Policies
- 30 Mar 2010 1:00 AM
"The financial crisis hit Hungary hard. Severe cutbacks in social spending and higher taxes were implemented to revive the state budget. Prime Minister Gordon Bajnai managed to avoid insolvency and now has a new goal in sight: to introduce the Euro by 2014. There is a lot to do until then. Hungary's economy shrank by 9 percent last year. In an exclusive interview with 'Made in Germany', Gordon Bajnai defends his economic policies."
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