Dow­n a blind alley

Written by on September 25, 2013 in Perspectives - No comments

Hungarian Prime Minister Viktor Orbán is not the only one practising unorthodox economic policies: undermining the market economy is becoming a trend in Central Europe.
Someone coming from the Western part of Europe would certainly be surprised what kind of problems the Hungarian politicians have to deal with. This month at the group meeting of the ruling Fidesz party in Visegrád, the MPs racked their brains about when the new reductions in housing costs should come into force. Meaning that in Visegrád no topics were discussed such as how the willingness of foreign companies to invest could finally be stimulated, how to consolidate economic growth and how to reduce the national debt effectively, but whether the prices of gas, electricity and district heating are to be reduced in mid-October or January. A difficult and tricky question indeed. Finally they did not manage to determine the timing, only the scope of reductions.

(Photo of Polish prime minister Donald Tusk: European People’s Party)

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