Budapest, May 10 (MTI) – Prime Minister Viktor Orbán signed a cooperation agreement with the mayor of Veszprém in western Hungary under the government’s Modern Cities programme, on Tuesday.

After the signing ceremony Orbán praised Veszprém’s achievements and said that the city has successfully utilised its resources.

Concerning the agreement, the prime minister said that the government would provide assistance to the city with projects such as the construction of new roads and an industrial park, improvements to the local zoo, renovation of the municipal theatre and a music school.

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Orban: Hungary targeting 5 pc GDP growth

Budapest, May 10 (MTI) – Although a 3 percent GDP growth rate is acceptable, Hungary cannot be satisfied with it and should aim to achieve a growth rate of 5 percent, Prime Minister Viktor Orban said in Veszprem, in western Hungary, on Tuesday.

Hungary’s GDP would need to achieve a growth rate of 5 percent if the country is to maximise its economic potential and reduce the gap in living standards to countries that are better off, Orban told a press conference.

The country does not yet have an economic policy in place that could boost GDP growth to this level, nor is the external environment favourable enough right now, but a 5 percent growth rate should still be the target, he said.

Photo: MTI


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