“We insisted on our truth, our own economic policy and have proven that it is genuinely good, and is in line with European values,” Orban said.

Fidesz MEP Ildiko Gall hailed the EC decision as an obvious recognition of government efforts to consolidate the budget.

“If the government had not made wrong decisions then it would not have had to fight for the EU subsidies,” Socialist MP Istvan Jozsa remarked.

The decision is not a surprise but Hungary paid too much for it with its austerity measures, Jobbik MP Zoltan Balczo said.

LMP caucus leader Benedek Javor welcomed the decision but noted that Hungary remains subject to the EU’s excess deficit procedure.

“If the government does not take credible and convincing steps to sustain the budget balance permanently then the lifting of the suspension may be only temporary,” Javor observed.

Source: Hungary Around the Clock

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