ADVERTISEMENT

NGTT aims to boost Hungary's competitiveness, says PM

Interview

The most important aim of the National Economic and Social Council (NGTT) -- a body that replaces earlier forums for employers, unions and the government -- is to create Europe's most competitive economic environment in Hungary by 2014, Prime Minister Viktor Orbán said on Tuesday.

One of the tasks ahead the council is to find ways to reduce the debt of the state and families and how to create more jobs, the PM said, addressing the council's inaugural meeting in Parliament in the morning.

The NGTT, which replaces among others the former Interest-Coordinating Council, will hold consultations, make proposals and advise, but will not take any decisions, under legislation approved by Parliament in the summer.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.