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Heti Válasz - Hungary | Thursday, May 17, 2012

Hungary's highly creative economic policy

The right-wing conservative Hungarian government led by Viktor Orbán is increasingly coming under fire both at home and abroad for its economic policy. The pro-government conservative weekly Heti Válasz points out that the government doesn't agree with traditional approaches and is putting its faith in creativity instead: "In reality the agents of the global economy are competing with each other when it comes to creative ideas. The well-being and woes of the nations depend to no small degree on their creative energy. … It may be that our steps in economic policy don't comply with the old logic and deviate from tradition, but they are new and fulfil their purpose. Besides, the traditional patterns of economic policy behaviour aren't working in other nations, either: of the 27 governments in the EU, 16 have already failed as a result of the old approaches. The creative character of Hungary's economic policy is no longer doubted by anyone today. … Within a short period of time our fight for freedom in the economy has already produced more advantages than disadvantages. … Although renewal is painful, it leads to national prosperity. So trying out new approaches is worthwhile."

» To the complete press review of Friday, May 18, 2012

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