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Parliamentary sub-committee finds Socialist governments to blame for state debt

A parliamentary sub-committee has proven the bad decisions of Hungary's earlier Socialists governments were behind the rise in Hungary's state debt in 2002-2010, the committee's deputy chairman Péter Szijjártó, an MP of governing Fidesz, said on Monday.

Speaking after a meeting of the sub-committee that was established to determine the reasons for the increase in Hungary's state debt during the period, Szijjártó said the Socialist governments in 2002-2010 had committed a political crime against the country. Behind the governments' bad decisions were “incompetence”, “corruption and self-interest”, he added.

The sub-committee will examine legal measures that can be taken because of these political crimes, he said.