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Viktor Orban: Hungarian Economy on Verge of Major Recovery + Video

Viktor Orban: Hungarian Economy on Verge of Major Recovery + Video

Hungary is on the verge of economic takeoff, on the threshold of prosperity, and has overcome its difficulties, the economic part of which was, Viktor Orban said in his radio interview on Friday. On his social page Also shared.

The Prime Minister stressed:

– Hungary's economic growth is above the EU average. Inflation is now slowly falling below 3 percent, or we are pushing it back to that level, which is also good. Investments are also talked about negatively, but I look at the numbers, the prime minister explained. He pointed out:

Hungary's investment index is better than the EU average. 20% in the EU, 23% in our countries.

The Prime Minister also spoke about the same situation regarding consumption: consumption is about four percent, so people are spending more.

“In order to spend more, there are two basic conditions. The first is to have something to spend, to have money. There is a wage increase in Hungary of 9-10 percent above inflation, and I think this is among the strongest in Europe. The second: to have intention. When I look at the tourism figures, there have never been as many Hungarians on vacation as this year,” the prime minister recalls.

And if you look at the EU forecasts, and Brussels can't be accused of letting Hungary off the hook, they also say Hungary will be the third best country in the EU in terms of economic growth next year.

Viktor Orban pointed out.

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