"It would be fair if, in this extraordinary situation, EU rules would not account a country's defence expenditures as part of the Maastricht deficit," Varga said, posting from the Ecofin meeting in Santiago de Compostela.
He argued that Hungary's spending on defense had reached an annual 2% of GDP, while the country had spent over HUF 650 billion to protect its border from illegal migration since 2015.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
