Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Hungary leaving crisis behind without austerity, official says in debate

Hungary leaving crisis behind without austerity, official says in debate

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 Istvan Ujhelyi at the Tranzit conference in Tihany, western Hungary, on Saturday.
Csaba Domotor 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 Orban 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.

Domotor said real wages had grown by 70 percent during the Fidesz government’s tenure over the past ten years. The government’s family support system and other benefits 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.”

Meanwhile, in another debate, Istvan Hollik, Fidesz’s communications director said that the Hungarian political left had “no political programme to present at all” and was driven by the simple goal to oust Fidesz and “put [former Socialist Prime Minister] Ferenc Gyurcsany who had robbed the country twice into power again”.

Hollik said that Gyurcsany has included Peter Marky-Zay, his opponent in Saturday’s debate who is mayor of Hodmezovasarhely, in the leftist election cooperation in the hope that he could “win back undecided voters”.

He said that Hungary “has moved closer to the EU” as has been reflected by figures while the opposite had taken place during the eight-year government of the previous Socialist government. “Hungary’s economy has performed 2-3 percent better annually than the EU average,” Hollik said.

Marky-Zay said in response that “the Fidesz government’s talk is now about Hungary moving closer to the EU while it is working with full steam to move Hungary farther away from the community, and is talking almost openly about a Huxit”.

“Hungary is today the second poorest country of the EU which was not the case ten years ago in terms of ranking by GDP”, he said. Marky-Zay said data showed that the number of Hungarians living beyond poverty line had increased, state debt had gone up, an increasing number of Hungarians had left the country and the country has a high rate of graft.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
×