Hungary Plans to Boost Economy

Politics ♦ Published: July 9, 2012; 15:40 ♦ (Vindobona)

With a € 1.0bn programme, the Hungarian government aims to create more jobs and stimulate consumption.

Hungary Plans to Boost Economy / Picture: © Vindobona.org

Orban´s government resolved to initiate a growth stimulus package in order to conquer the recession. With the growth programme, tax cuts should be financed and employment should be promoted. Furthermore, Orban promised positive effects for employers and small and medium sized enterprises. Orban presented a ten-point programme. The social security contributions paid by employers should…