Hungary comes out from the coronavirus crisis as a winner, says minister
The past 12 years “have made it clear what a competitive edge a country will gain through quick decision-making supported by political stability”, Péter Szijjártó, the minister of foreign affairs and trade, told an event of the Hungarian Chamber of Commerce and Industry on Tuesday.
In a statement, the foreign ministry quoted Szijjártó as saying that Hungary had come out from the coronavirus crisis as a winner. “It has become clear that two things are needed to succeed economically: attract as much investment as possible and snatch up market opportunities,” the minister said.
Szijjártó said
the Hungarian economy had grown “by twice as much as the European average each year” since 2013, with government tax cuts playing crucial role, especially the introduction of the single bracket tax.
Citing Eurostat figures, the minister said that Hungary had made the largest cuts in wage taxes in the past ten years, which helped the country break investment records each year since 2014.
The government helped 1,380 businesses during the coronavirus crisis, with development projects totalling 900 billion forints (EUR 2.4bn),
Szijjártó said. The government contributed a total 375 billion forints to those projects, which were instrumental in saving some 290,000 jobs, he said.
Concerning the Ukraine war, Szijjártó said it would have a significant economic impact, “ruffling the status quo of the global economy for the second time in two years”.
All efforts must be made to create peace but efforts should also ensure that Hungary comes out stronger out of this crisis, too, he said.
As we wrote earlier today, Hungary COVID-19 death toll over 44,000.
- Read more news about Coronavirus in Hungary
Source: MTI
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3 Comments
Strange Orwellian double-speak. Winner when the country has one of the highest per capita death rates in the world, winner when the country has one of the lowest vaccination rates in Europe. The government uses words in a strange way. Winner for a few friends of the government who were enriched by the government contracts, by buying and selling bogus vaccines in the great for someone sino-pharm deal, the useless ventilators. When losing is wining Hungary is on top.
We continue to see – no BETTER example than the present – Minister for Foreign Affairs – Peter Szjjarto “Rambling” on – driven by the Propaganda Machine of the Fidesz Party.
Truth – is your Strongest Form of Defence – and the time NEARS – with the Russian invasion of the Ukraine esculating, the economy of Hungary in a state of grave un-certainty – that the National Elections April 3 – what the 9.6 million people of the population of Hungary – those who choose to vote and are of age – what THEY – decide is the way forward – the Future path – that Hungary is “destined” to take.
Rest in eternal peace the 44,000 Hungarians to this date lost to this on-going Novel Virus.
Truth & Candour – difficult growing each day in being able to FIND truth & candour – coming out of the present Government of Hungary.
Fidesz government is full of people who lost the contact with reality. Words of Szijarto sound like a delirium. Exactly like Putin in Russia.