Answer:

Most of the problems companies in the food sector have to face are the same as those faced regularly by enterprises from other sectors. Over taxation resulting in low competitiveness, a clumsy and slow bureaucracy, a substantial role played by illegal business and unpredictable changes in regulations are some of the most important among these. The shortage or complete lack of financing is a new problem. The food sector is exceptionally vulnerable in this regard, owing to very low profitability and the cyclic nature of the business. The lack of financing from banks is probably an even bigger problem than being caught in a spiral of debt. Even, when financing is available, it is more expensive than in the past. Both HUF and currency loans have become much more costly. The solution has to be a complex one, but access to financing at a lower cost should be a key element. A lower prime lending rate and government backed financing programs are also needed. Personally, I believe it would be very important for us to join the ERM and Euro zones as soon as possible, because financing is available inside these at much better rates. In short, government backed projects based on EU resources and preferential financing for the food industry are required, as well as the acceleration of every step leading towards the introduction of the Euro.