Bloomberg News

Hungary Won’t Join Pact That Hurts Competitiveness, Orban Says

December 15, 2011

Dec. 15 (Bloomberg) -- Hungary won’t join any European Union pact that hurts the country’s economic competitiveness, particularly if it forces tax harmonization which Budapest opposes, Prime Minister Viktor Orban told a press conference in Budapest today.

Hungary is still awaiting details of the euro area’s new fiscal compact before the country can decide if it wants to sign up, Orban said.

To contact the editor responsible for this story: Zoltan Simon at

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