Hungarian Opinion: PM Orbán’s Competitiveness Plans

  • 1 Mar 2019 8:40 AM
  • BudaPost
Hungarian Opinion: PM Orbán’s Competitiveness Plans
A pro-government columnist welcomes PM Orbán’s plan to make Hungary one of the five most competitive countries in Europe.

Addressing business people in Budapest on Wednesday, Prime Minister Viktor Orbán said by 2030, Hungary should become one of the EU’s ’five best countries’, and one of its five most competitive states; the country’s demographic decline should be halted; and Central Europe should become a genuine economic region.

In Magyar Hírlap, Ottó Nagy admits that the goals set by the government are ambitious but believes that Hungary is on the tight track with an annual growth rate three per cent above the EU average and her sovereign debt ratio down from 83 to 71 per cent of GDP over the past eight years.

He also refers to a report by EC Commissioner Pierre Moscovici on unbalanced economies within the European Union where none of the Central European countries are listed.

That doesn’t make them highly competitive in itself, Nagy explains, but thinks that the 330-point competitiveness programme of the government, the details of which still have to be worked out, will help Hungary become ‘one of the five most liveable countries of the EU’.

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