Orbán's nationalism no solution

Hungary's Prime Minister Viktor Orbán is ready to make concessions to the EU Commission in the dispute over the treaty violation proceedings launched by Brussels. He has no choice in the matter, writes the liberal-conservative daily Die Presse: "Hungary is being turned into a testing ground for a simplified policy in which the realities of international economic integration are blended out just as much as the basic rules for the self-cleansing of state institutions. ... This country will not find a simple way out of the crisis without the help of its European partners. Austria must be aware of this. Hungary is our 'Greece next door'. The example of Hungary puts the lie to all those who see an answer to the current economic challenges in a return to nationalism. Hungary has its own currency, not the euro, so it can devaluate to stimulate competitiveness at least on the short term. But nothing comes of nothing. The country lacks fundamentals, it lacks openness, it lacks an international perspective."

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