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.

ADVERTISEMENT

The New Age of Commerce is Approaching Analysis

The New Age of Commerce is Approaching

Gov't Mulls Bailout for Dunaferr Government

Gov't Mulls Bailout for Dunaferr

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

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.