Bloomberg News

Hungary’s Goal Is to Ensure Liquidity, Stability, Varga Says

September 29, 2011

Sept. 29 (Bloomberg) -- Hungary’s goal is to ensure its financing liquidity and economic stability, said Mihaly Varga, chief of staff to Prime Minister Viktor Orban.

Reducing the country’s vulnerability is a precondition to boosting economic growth, Varga told a conference today in Pecs, southern Hungary. The government plans job cuts and the freezing of salaries next year, he said.

To contact the editor responsible for this story: Zoltan Simon at zsimon@bloomberg.net


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