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PM Orbán vows to preserve stability in economic policy

March 6th, 2024

A pro-government commentator believes that the doomsday predictions of the opposition will backfire.

Addressing the annual assembly of the Hungarian Chamber of Commerce and Industry on Monday, PM Orbán said that despite the challenges posed by the COVID-19 pandemic and the ongoing conflict between Russia and Ukraine, Hungary’s economy did not falter significantly between 2020 and 2024. The current ‘period of adjustment’, he added, sets the stage for what he described as a return to a “higher gear,” with new economic momentum in the coming years.

In Magyar Nemzet, Gergely Kiss recalls that throughout the past difficult years, opposition politicians and columnists regularly foresaw doomsday scenarios for the Hungarian economy. Although their prophecies have never come true, Kiss continues, they stubbornly repeated again and again that the Hungarian economy would soon collapse as a result of what they saw as mismanagement by the parliamentary majority. June’s European and local council elections will show who will collapse, Kiss concludes.

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