Hungary PM Orban vows to continue with governing policies if re-elected on April 6.

By bne IntelliNews March 20, 2014

Hungary’s PM and head of the ruling Fidesz party, Viktor Orban, unveiled his governing program seeking for a re-election at the April 6 vote, portfolio.hu reported. Orban pledged, his next government to keep unchanged the current priorities, which he summed in a ten-point list.

The goals include larger local funds in the financing of public debt, changes in the ownership structure of the local banking sector with at least 50% of the banking sector controlled by the stat. Orban plans to reduce labour taxes, including a possible cut to contributions. As regards the energy sector, the PM vowed to turn the energy generation industry into a non-profit service. Another goal is the reindustrialization of the country, as Hungary needs to surpass the Czech Republic and even Germany in this respect. Orban also plans changes to the ownership structure of agricultural land, setting up innovation hubs. Economic policy decision will take into account demographic considerations.

Related Articles

Glass wool production restarts in Hungary after 16-year hiatus

Glass wool manufacturing has resumed in Hungary after a 16-year break, as the first trial products rolled off the production line at a new thermal insulation plant built in northeastern Hungary ... more

Referendum finds 95% of Hungarians oppose Ukraine's EU accession - Orban

Hungarian Prime Minister Viktor Orban has declared that an overwhelming majority of Hungarians oppose Ukraine’s accession to the European Union, citing the results of a national referendum ahead of ... more

Dismiss