Hungary Leaving Crisis Behind Without Austerity, Says Gov't Official

  • 30 Aug 2021 9:39 AM
  • Hungary Matters
Hungary Leaving Crisis Behind Without Austerity, Says Gov't Official
Hungary is leaving recent economic difficulties behind without austerity measures, a state secretary of the Prime Minister’s Office said at a discussion with opposition Socialist MEP István Ujhelyi at the Tranzit conference in Tihany, western Hungary.

Csaba Dömötör said that while the previous leftist government’s reaction to the 2008 crisis had been based on austerity measures, and led the country into the “dead-end street of taking out an IMF loan”, the incumbent government considers crisis management to be a question of “who will make the final decisions on the future,” besides economic policy measures.

Ujhelyi said the handling of the 2008 crisis had laid the groundwork for the Orbán government’s “growth trajectory” from 2010, which he said was mostly funded by European Union money.

 He also slammed the government for high inflation, fuel prices and the weak forint, while he said the minimum wage and health-care funding were below EU average.

Dömötör said real wages have grown by 70% during the Fidesz government’s tenure over the past ten years.
 

The government’s family support system and other benefits have probably contributed to declining emigration numbers seen since 2015, he said.

He said while the government sees that Hungary has a vested interest in being a member of the EU, “this doesn’t mean that we can’t push Hungary’s interests through.”

He also called on the opposition to refrain from “campaigning for the suspension of EU funding for Hungary for internal political purposes.”


MTI Photo

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

  • Orbán Forbids Lower Salaries at His Favourite Sports Newspaper

    Orbán Forbids Lower Salaries at His Favourite Sports Newspaper

    • 6 Sep 2024 2:39 PM

    Prime Minister Viktor Orbán personally ordered that the salaries of journalists working for daily sports newspaper Nemzeti Sport – said to be his favourite newspaper – should not have to be reduced amidst austerity measures at state-owned businesses.

  • Election 2024: Promises from Candidates for Budapest Mayor

    Election 2024: Promises from Candidates for Budapest Mayor

    • 3 Jun 2024 1:30 PM

    Budapest Mayor Gergely Karácsony, the mayoral candidate of opposition Párbeszéd-Greens-DK-MSZP, said late on Friday that his main goal was to improve living standards for Budapest residents, while Dávid Vitézy, the mayoral candidate of opposition LMP said Budapest needed developments rather than being used as a battleground for party politics.