Outrageous: The New York Times compares migrants to the victims of the Holocaust
Right there on the front page of the print edition, no less.Read more
Hungary’s economy hit the ground running this year. The major indicators are trending positive and international investors have taken note. Signs of a strong recovery, however, do not mean we can rest. Instead, said Prime Minister Orbán, it means that it’s time to dream big.
The prime minister said similar attempts to increase wages have been made several times in the past 26 years, but no comprehensive agreement had ever been reached. The Hungarian government has now succeeded in achieving that
Prime Minister Orbán’s economic program sets out a number of ambitious goals. It demands fiscal discipline to keep the budget deficit not only under the three-percent Maastricht threshold but low enough to reduce nominal state debt. It calls for GDP growth to increase from the current level between 2 and 3 percent to a more robust output above 3 percent and sets a longer term goal of five percent. And it aims to create jobs to bring the labor market to full employment.