Josef hírek

2012.08.26. 10:39

Further tax cuts, E.ON repurchase, competitive education system in pipeline, says Orban

Budapest, August 25 (MTI) - Hungary s Prime Minister Viktor Orban addressed issues of economic policy and education reform at a festival in the northwestern town of Koszeg on Saturday.

Budapest, August 25 (MTI) - Hungary s Prime Minister Viktor Orban addressed issues of economic policy and education reform at a festival in the northwestern town of Koszeg on Saturday.

Orban told an audience of the "Transit - Festival at the border" event that he planned to further cut personal income tax and company tax on profit. He said there was no other direction to take than that chosen by his government.

 

"It is unnecessary to review the path, I vote for persevering," he said.

 

Orban said that Hungary would repurchase gas distributor E.ON from its German stakeholders.

 

He said this plan was in line with a series of conflicts in which the government was able to use the clout secured by its two-thirds majority, namely "repurchasing Mol shares from Russia and repurchasing a part of the water works (...) from the French." He added that car-maker Raba had been bought back from Malaysia and the Ferencvaros football club from Britain.

 

Orban said that once completed, Hungary s education reform could create the most competitive higher education system in Europe.

 

He added that the basic structure of Hungary s current education was "all wrong" and that future changes will target a self-sustaining system, in which graduates ensure financing of the system through their repayment of student loans. He added that though state-financed scholarships could not be entirely eliminated, the number of non-paying students should be minimised.

 

Also addressing the event, Antal Rogan, leader of the Fidesz parliamentary group, said that Hungary s economic policy had been successful over the past two years. He said jobs had been protected, and this task will continue to be in focus over the next two years.

 

Employment has improved despite being in the middle of a financial crisis, Rogan added.

 

Economist Laszlo Csaba said family and small and medium-sized businesses were suffering the hardest blows as their productivity was very low. Half of such businesses are struggling to pay their costs and to avoid living off benefits, he said.

 

The festival started on Wednesday and will end on Sunday with roundtables on educational, cultural and economic issues as well as on Hungary s Roma strategy.

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