Public ‘scorn’ of Hungary is ‘foolish’, says Orbán
Exposing Hungary to “public scorn” is “foolish” when the country has the first or second largest growth rate and the biggest drop in unemployment in the European Union, when it sticks to all European financial regulations and state debt is dropping, Prime Minister Viktor Orbán said today, according to news agency MTI.
Speaking at the general meeting of Daimler in Budapest, Orbán was presumably commenting on the European Parliament resolution passed yesterday that is calling to trigger Article 7 action against Hungary. He also said he believes it was time to concede that “no successful European economy exists without successful European national economies”.
Giving his take on the 2008-2009 financial crisis, he says he sees that it was not about economic cycles but a structural crisis, a crisis of competitiveness; the response, therefore, should be in the latter dimension, according to the MTI report on the prime minister’s speech. The individual good performance of member states is a precondition for the good performance of the international companies originating from those states, he added.
While the Hungarian government is still strong in its communication for the “Let’s stop Brussels” national consultation, and appears to carry anti-EU rhetoric, Orbán once again voiced the country’s commitment to the bloc. He reportedly said today that Hungary is an “immovable member” of the EU, and “its fate is connected” with the development of the bloc.
Members of the European Parliament see a “serious deterioration of the rule of law and democracy” in Hungary, which they believe justifies the triggering of a procedure which may result in sanctions on the country, according to a resolution MEPs adopted yesterday, by 393 votes to 221 with 64 abstentions, according to a press statement issued by the EP.
Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó, blamed Hungarian-born financier and philanthropist George Soros for MEPs adopting the resolution.
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.