Hungary - Orbán's crusade has what it takes for an export success

Central- & Eastern EuropeHungary ♦ Published: June 15, 2010; 00:00 ♦ (Vindobona)

Viktor Orbán could have used his appearance at the IIF conference in Vienna to refurbish the image of his bankrupt government.

Hungary - Orbán's crusade has what it takes for an export success / Picture: © Vindobona.org

But Hungary's prime minister did not retreat in any way "I currently may not be the most popular person among bankers", he said in front of the elite of international finance and called for a "Reform of Western capitalism."

What this reform is, he shows in Hungary: To meet the deficit target by the IMF and the EU, banks have to pay.

The first bank tax will bring around…