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LMP: Without EU funds, Hungary would fall into recession next year

May 5th, 2021

Hungary's economy would fall into recession next year if it had no access to EU support, a senior opposition LMP official said on Wednesday, accusing the government of maintaining a "botched economic policy and high budget deficit". Assessing the finance ministry's draft budget for 2022 submitted on Tuesday, deputy group leader Antal Csardi told an online press conference that ruling Fidesz continued "to favour its cronies" instead of helping restart small and medium-sized enterprises.


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