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Varga: Govt to unveil economic stimulus

May 10th, 2018

Hungary's new government will soon roll out new economic stimulus measures, Economy Minister Mihaly Varga said in an interview published in daily Magyar Idok. "The new government being formed will soon present a number of measures to stimulate growth and boost competitiveness. These will allow the country to better utilise its economic potential and keep economic growth above 4 percent in a stable and sustainable manner after 2019," Varga told the paper in Jordan, where he participated at the annual meeting of the European Bank for Reconstruction and Development (EBRD). Varga said the government is satisfied with its cooperation with the EBRD in Hungary and has no plans to sell the state's 15 percent stake in Erste Bank Hungary.


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