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Friday, Nov 15, 2024

Hungarian Prime Minister's Views on Economic Growth and Peace

Orbán Viktor's Radio Interview Highlights the Link Between Economic Growth and Resolving the Ukraine Conflict
In his regular Friday radio interview, Hungarian Prime Minister Orbán Viktor emphasized that economic growth can be achieved by ending the war in Ukraine.

He discussed the newly submitted budget and criticized the European Union's measures, stating they are the responsibility of other member states, not Hungary.

Orbán highlighted that businesses are in a 'defensive mood,' which he believes hinders growth and needs change.

He expressed that the root of economic troubles is the war.

With Donald Trump assuming the U.S. presidency, Orbán is optimistic about peace, allowing for a so-called 'peace budget.' He mentioned that the 'peace sailboat is becalmed on the open sea,' implying the current calm until Trump's inauguration on January 20.

He urged current U.S. leadership to support Trump's peace intentions instead of escalating 'pro-war efforts.'

Orbán underscored the need for change in Brussels, stating the lack of a 'pro-peace shift.' He recalled that about 10-15 years ago, the U.S. and Europe were closely aligned, but the U.S. has since surged ahead, raising the question of what Europe is doing wrong.

He attributed poor economic decisions within the EU, highlighting that Hungary has fared relatively well due to policies such as utility cost reductions.

If certain decisions aren’t made in Brussels within the next six months, it could lead to a situation like 'Macron's hat surrender,' necessitating the revision of sanctions and reduction of energy prices.

Orbán also emphasized the reduction of European bureaucracy due to 'many idiotic rules.' He vowed to openly defend Hungarian interests against any harmful Brussels policies, describing the current budget as an open rebellion to protect Hungarian interests.

Referring to a recent EU summit in Budapest, he noted an unprecedented unity, attributed to Mario Draghi's competitiveness study, which could serve as a basis for constructive dialogue.

Looking forward, the Prime Minister predicted significant events in Hungary by 2025, hinting at a new economic phase focusing on smaller actors.

To counter rising prices, the government aims to increase wages and make housing more affordable, for example, by allowing employers to offer housing support to young employees.

Orbán linked the budget discussion to a national consultation aiming to arm Hungary for Brussels' battles and reflect on the nation's future.
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