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Hungary's economic policies have rescued country from the brink - Orbán

What many see as a "strange economic policy mixture" on the part of the Hungarian government has in fact rescued the country from the brink of an abyss, Prime Minister Viktor Orbán told a meeting of an OECD committee in Budapest on Thursday.

Orbán said the reason the press was writing about Portugal rather than Hungary was precisely thanks to the government's economic policies, which he said were worth studying since they employed both "orthodox and unorthodox" policy tools.

"We have adopted at the same time traditional crisis-management and innovative tools," he said.

The prime minister also said at the OECD event that no longer should the state be seen as an impediment to competitiveness.

"If there is good political management, if the state makes swift decisions, enforces deregulation, creates transparent relations, spends less and engages in cooperation with companies and segments of the economy then the state will not be a drag on competition but a force in its favor," he said.

He said that the particular "political constellation", the centre-right's two-thirds majority, which had emerged at the last election was a "once-in-a-lifetime" kind of event.