Viktor Orbán: economic growth exceeding three percent is realistic next year

When signing the three-year wage agreement, Viktor Orbán said that the agreement is based on the concept that the world, and Europe in particular, will manage to make 2025 a year of peace, and that economic development will also take the expected path in a year of peace.

The Prime Minister explained that the wage agreement is based on this optimistic scenario, but that difficulties may arise, which is why an override clause was included in the agreement, so if the world does not turn in this direction, the agreements must be amended accordingly. The Prime Minister emphasized that he is confident that this will not be necessary, because the government’s macroeconomic expectations will be met.

The Prime Minister said that “there have been major battles in the recent period” and pointed out that the government is not in control of these negotiations.

“We do not want to change the economic policy conviction that the most important issue, the issue of wages, must be agreed upon by those who run the economy. The state cannot take over this role!” – emphasized the Prime Minister, noting: “it is good if the government has as little role as possible in wage agreements.”

Viktor Orbán emphasized that there were major battles because the European economy is in a difficult situation. We have been living in the shadow of war for three years – he pointed out, adding: the war “torn” the European economy and is severely affecting all its actors.

He mentioned that the success of the agreement also depends on the “state leadership ability” of the trade unions and employers, so that they can enforce partial interests without destroying the whole. If there is no national mindset, a situation may arise where one or the other party is doing well, but the majority is doing badly. There needs to be “a kind of national commitment to the whole thing,” he said.