Hungary’s Gov Should Quit On Weak Forint, Says Mesterházy

  • 14 Mar 2014 8:00 AM
Hungary’s Gov Should Quit On Weak Forint, Says Mesterházy
The weak forint would be reason enough for the government to quit, the prime minister candidate of the left-wing opposition Unity alliance Attila Mesterházy said told a public forum in Tatabánya, in central Hungary.

Deputy Prime Minister Tibor Navracsics, while in opposition in 2009, said that an exchange rate weaker than 300 forints against the euro had caused such loss of confidence that “in better places” the government would quit over it.

Mesterházy, who is also leader of the Socialist Party, said that during the Socialist government, the forint rate was below 300 against the euro for a total of 23 days only.

Source www.hungarymatters.hu

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