PM plans ‘biggest ever’ economic development program
Hungary is planning to launch the “biggest ever” economic development program in the country’s history from the beginning of 2015, Hungary’s Prime Minister Viktor Orbán said on Saturday. The program is expected to help businesses to become stronger, expand, undergo renewal and contribute to the goal of creating 5 million new jobs, he said.
"If we are determined, we can succeed," the prime minister said, emphasizing the example of Jullich Glas Holding, a Hungarian-owned glass maker in Székesfehérvár in western Hungary that marked its 30th anniversary on Saturday and has been on an improving cycle of late.
Orbán said that companies will have opportunities for expansion with the help of the upcoming program, and reiterated that the Hungarian economy has been on the right path by citing figures such as employment exceeding 4 million, GDP growth performs over 3% and unemployment rates falling below 8%.
It was not clear if Orbán was suggesting immigrants would help fill the 5 million new jobs: The number of employed workers in Hungary reached 4.158 million in June-August according to the Central Statistics Office, and Hungary's population was put at 9.877 million on January 1.
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