Criminal Code allows prosecution for raising public debt, says deputy PM

Interview

Hungary’s criminal code contains the provisions by which legal responsibility can be established over amassing public debt in the past, if clear evidence is provided, deputy prime minister Tibor Navracsics said on Wednesday.

As a result, no law amendments will be necessary to establish responsibility and seek criminal prosecution against former prime ministers “for plunging Hungary into debt.”

According to Navracsics it was not unprecedented in Europe that procedures are launched over mishandling of public funds or acting against budgetary discipline.

He said charges can be raised even in cases when someone, “had seen the consequences of his actions but had carelessly hoped they would go away.”

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.