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Jul 10, 2019

Finance Minister: The EU’s country-specific recommendations for Hungary were “not based on real facts, but on a double standard”

“The Hungarian government expects the results of the European Parliament elections in May to have a positive impact on the operation of the EU’s system of institutions soon, and that current policy will then not creep into professional matters,” Minister Varga said.

Finance Minister Mihály Varga has said that the European Union’s country-specific recommendations for Hungary were “not based on real facts, but on a double standard”.

In a statement issued by the Finance Ministry on Tuesday, the Minister said Hungary had not supported the adoption of the recommendations and had protested the procedure in a separate declaration.

“The Hungarian government expects the results of the European Parliament elections in May to have a positive impact on the operation of the EU’s system of institutions soon, and that current policy will then not creep into professional matters,” Minister Varga said.

“Hungary finds it concerning that the European Commission failed to take into consideration Hungary’s stand on disputed parts [of the recommendations]. It is unfortunate that the proposals by the Finnish presidency to modify the text did not take suitable stock of Hungary’s concerns,” he added.

Minister Varga said the merit of Hungary’s economic performance is “indisputable”, noting that the country’s GDP growth in the first quarter of 2019 was close to three times the EU average, the unemployment rate is among the lowest in Europe and wage growth has been continuous.

The Economic and Financial Affairs Council configuration (Ecofin) issued its 2019 recommendations and opinions to member states on their economic, employment and fiscal policies after a meeting in Brussels.

Hungary’s overall poverty situation has been improving since 2013 and the share of people at risk of poverty and social exclusion is falling, Ecofin said.

Photo credit: kormany.hu