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Hungary's new Prime Minister speaks of "entire cemeteries" of budget problems left by Orbán

Kyiv • UNN

 • 1686 views

Magyar reported budget distortions and questionable contracts under the Orbán government. The Prime Minister plans to cut spending and unlock 10 billion euros from the EU.

Hungary's new Prime Minister speaks of "entire cemeteries" of budget problems left by Orbán
Photo: Bloomberg

The new Prime Minister of Hungary, Péter Magyar, stated that Viktor Orbán's government left behind serious problems in public finances, which is why the current authorities cannot make accurate economic forecasts. This was reported by Bloomberg, according to UNN.

Details

According to Magyar, his government has already identified signs of possible distortion of budget figures by the previous administration. Orbán's Fidesz party denies these allegations.

"Sometimes we don't just see skeletons falling out of closets, but entire cemeteries,"

Magyar stated, commenting on contracts concluded by the Orbán government shortly before the elections.

In particular, he mentioned a trillion-forint deal with the company 4iG, which is linked to Fidesz.

Spending cuts and budget disputes

Magyar stated that he wants to maintain some of the social benefits introduced by the previous government, including tax breaks for mothers of two children. At the same time, he warned of the need for spending cuts in other areas and announced a reduction in officials' salaries and limits on benefits for MPs.

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The Prime Minister also said he expects to reach an agreement with the European Union to unblock about 10 billion euros in funding, which was frozen due to Brussels' concerns regarding corruption and the rule of law under the Orbán government.

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