Hungary stands on new foundations, says PM Orban

The government has reached a milestone, Prime Minister Viktor Orban said in his address to the nation on Tuesday. Hungary now stands on new foundations and this is an irreversible fact, he said. Orban staunchly defended controversial measures -- such as the bank levy, crisis taxes and repayment scheme for forex mortgage-holders taken since his centre-right Fidesz government swept into power in April 2010.