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’.

This opinion does not necessarily represent the views of XpatLoop.com or the publisher. Your opinions are welcome too - for editorial review before possible publication online. 
Click here to Share Your Story 

  • How does this content make you feel?

XpatLoop Media Partner

BudaPost

Launched in May 2011 to provide a balanced picture of matters covered in Hungary’s national press. Their aim is to make it easier for English-speakers to understand where this country is now and where it’s heading according to the full spectrum of media opinions.

Explore More Reports

  • Six More Universities To Be Privatised In Hungary

    Six More Universities To Be Privatised In Hungary

    • 21 May 2020 8:53 AM

    The government will assign the right to operate six universities to private foundations from August 1, 2020, the Information and Technology Ministry announced after Parliament approved the related bill on Tuesday.

  • Hungary To Raise Wages For Government Office Workers

    Hungary To Raise Wages For Government Office Workers

    • 20 Jan 2020 8:12 AM

    The government will spend around 32 billion forints (EUR 95.3m) to raise wages for government office workers by at least 10%, but by 18% on average, and the cafeteria system of in-kind benefits will also be reinstated in regional public administration from April, the Prime Minister’s Office said over the weekend.

  • Diplomatic Academy To Open In Budapest

    Diplomatic Academy To Open In Budapest

    • 2 Dec 2019 9:40 AM

    A diplomatic academy will be opened in Budapest from September next year; obtaining a degree here will be a prerequisite for working at the ministry of foreign affairs, Foreign Minister Péter Szijjártó said in Budapest.