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February 2010

Hungary: Bajnai pushes more reform


Hungary’s prime minister believes action taken by his government has helped to stabilize the country’s finances but says that the reform process must continue if it is to become a more competitive economy.

"What we’ve learnt from this crisis is that you have to take actions that may be painful in the short term but bring long-term benefits," says Gordon Bajnai, who took office last April following Ferenc Gyurcsany’s resignation.

Speaking at Euromoney’s Central and Eastern European Forum in Vienna last month,...


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