Speaking on Kossuth public radio, Prime Minister Viktor Orbán stated that compared to 2010, Hungary is today an independent country that has the necessary resources to protect jobs.

Hungary now stands on its own two feet and has enough financial reserves to ensure the implementation of measures such as additional family support schemes, he said.

The planned family subsidies would create great opportunities for those who think in terms of a life with a family. Planned measures include continuing child subsidies in full if mothers return to work a year after giving birth and the parallel payment of benefits for siblings born in overlapping payment periods. Preferences for young mothers paying off student loans as well as payroll tax preferences for employers who hire young mothers will also be introduced.

DownloadPhoto: Tamás Kovács, MTIPrime Minister Orbán stated that these measures have become possible due to the Hungarian economy's improving performance, adding that the coming years will include much more sophisticated and refined work.

The Prime Minister also urged Hungary's Supreme Court (the Kuria) to rule on the issue of foreign currency debtors to ensure legal consistency. He pointed out that recent rulings in such cases had been contradictory. If the Kuria were to pass a decision to serve as a guideline for lower court judges, the Government would be in a position to make decisions within a standardised legal framework, he added.

Referring to Parliament's recent ban on the eviction of defaulted foreign currency debtors during the winter months, Prime Minister Orbán said it was a "most humane" decision, and voiced hope that extending the exchange rate limit scheme would ensure that many more debtors would join the programme. He repeated the Government's position that foreign currency loans are a faulty product, and thus banks are expected to undertake a larger share in resolving the situation.

Concerning the taking over of the remaining municipality debts by 28 February, the Prime Minister said that the constitution contained guarantees preventing local councils from amassing huge debts in the future. He confirmed that municipalities without significant debts would receive extra development funding from a special reserve the Government has set up for this purpose.

(Prime Minister’s Office)