CORONAVIRUS: Here's the latest
A regularly updated feed of the latest information about coronavirus in Hungary.Read more
“Our primary goal was that these European resources should be distributed fairly and on objective criteria. Giving in to any blackmail or some countries pressing others and setting subjective criteria were out of the question,” the foreign minister said.
According to the finance minister, the 2021 budget is all about securing support for families, respecting pensioners and preserving and creating jobs. And it’s set to do all of this, and more, despite the epidemiological crisis.
In the third quarter, Hungary’s GDP grew by 3.9 percent (4.1, if adjusted for seasonal and calendar effects), beating expectations and the EU average, which came in at 2.5 percent. Meanwhile, the country’s finances are finding stable footing, with the annual budget deficit remaining well below three percent and the debt-to-GDP ratio on the decline.