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Fidesz rejects idea of taxing pensions

Hungary’s governing party considers the idea of taxing pensions as something that is “inconceivable,” the party’s spokeswoman Gabriella Selmeczi said at an event. She was responding to a set of proposals released by the Organisation for Economic Co-operation and Development (OECD) Friday that suggested curbing welfare provisions as a potential tool to promoting economic growth. Selmeczi stressed that contrary to the proposal, the government remains committed to increasing pensions. She noted that apart from the political opponents of the government at home, it appears that now there are attacks coming from abroad that also need to be fended off.