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Socialist pledges to remedy Hungary’s “lack of predictable legal environment”

Parliament

The Socialists will offer a predictable legal environment if they gain power at the 2014 election, the party’s leader told business leaders on Tuesday. Attila Mesterházy told representatives of the National Association of Entrepreneurs and Employers (VOSz) “the lack of a predictable legal environment” in Hungary is the greatest obstacle to new investment and growth. Mesterházy promised predictable regulations for companies and contracts that protect investment projects. Also, the party considers it crucial to fight the black economy and put an end to the development of debt chains. Mesterhazy also promised to change the law on public procurement. The party plans to involve VOSZ, along with other interest-representation organisations, in identifying development targets and the distribution of European Union funding, he said. The talks were part of a series of consultations with important interest-representation organisations the Socialists started in January. The VOSZ was represented by Sándor Demján, Sándor Csányi, Ferenc Dávid and Csaba Czomba.

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