Hungarian Prime Minister Viktor Orban has denied that his government will implement spending cuts even if re-elected in April, insisting that his Fidesz party will maintain key social and economic programs. Orban, in power since 2010, faces a centre-right challenger while managing the weakest economic period of his 16-year rule, as inflation and stagnation […]
Hungary economy
Hungary’s Orban Launches 3% Business Loans Ahead of Tight Election Race
BUDAPEST – Hungarian Prime Minister Viktor Orban on Saturday announced a new cheap loan programme for small and medium-sized businesses at a fixed 3% interest rate, launching Monday, as he gears up for what could be his most challenging election yet. Facing a stagnant economy and persistent inflation, Orban’s government is ramping up pre-election stimulus […]