Fiscal Policy is Becoming the Critical Factor

HUNGARY - Report 12 Jun 2014 by Istvan Racz
Executive Summary The new government cabinet was sworn in in early June, but it has brought about little change in policy content if any. The new cabinet has failed to present a program and, breaking with traditions, has said that it does not even intend to publish one. So as PM Orbán said before the parliamentary election, the only promise on their side is that they would continue what they were doing in the past four years, whatever that means for the future. The election for the European Parliament in late May could not have come out any better for Fidesz than it did. They not only won a...

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