50% of banking system should be in Hungarian hands, says PM
Prime Minister Viktor Orbán said 50% of Hungary's banking system should be in Hungarian hands, outlining part of the government's new economic model on Tuesday.
Achieving such a goal would be unique in all of Central Europe, Orbán said after consultations with the leaders of the Hungarian Chamber of Commerce and Industry. Orbán said his government was building a new economic system and economic players were now feeling it. These are deemed model-building experimental innovations, but the innovators have their own fate: first they are received with surprise, then with incomprehension, then perhaps with interest, and if the innovations work, they are adopted, he added.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
Living's Kassák Terrace and Park West 3 Classified as Brownf...
Aldi Opening Biggest Store in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
