Budapest, July 14 (MTI) – The recent bailout deal between Greece and its euro zone partners and its possible consequences will have little effect on Hungary’s economy, the Hungarian economy minister said after an Ecofin meeting on Tuesday, according to the economy ministry.

Mihaly Varga attended the meeting of EU economy and finance ministers that discussed the Greek debt crisis and related report by the Ecofin board, the ministry said in a statement.

In Varga’s view settling the Greek crisis has become a European problem, adding that Monday’s deal is not a permanent solution as it still needs to be approved by a number of national parliaments, including those of Greece and Germany.

Varga said the new rescue package would certainly be a “huge burden” on Greek society.

Source: http://mtva.hu/hu/hungary-matters

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