Matolcsy’s 397 billion Forint adjustment package
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a verdict on the government’s efforts. READ MORE
Tags: austerity, budget, deficit, economy, IMF, Matolcsy, National Bank, restrictions
