Budging Budapest

Editorial argues that the Hungarian government should heed advice on economic reform from organisations such as the OECD, EU and IMF.

However, the FT and EUObserver reported that Hungarian Prime Minister Viktor Orban accused the EU of colonialism and meddling in his country's domestic affairs in a speech to supporters on the 15 March 2012.

BBC News, 16.3.12: Hungarian PM Viktor Orban denounces EU's 'colonialism' http://www.bbc.co.uk/news/business-17394894

Deutsche Welle, 15.3.12: Rival Hungarian protesters take to streets http://www.dw.de/dw/article/0,,15811900,00.html

OECD: News Release, 15.3.12: Hungary must stabilise its economy for a durable recovery, OECD says http://www.oecd.org/document/47/0,3746,en_21571361_44315115_49893359_1_1_1_1,00.html

OECD: Economic Survey Hungary 2012 http://www.oecd.org/document/38/0,3746,en_2649_34569_49830438_1_1_1_1,00.html

European Commission: DG Economic and Financial Affairs: Economies of the Member States: The Economy of Hungary http://ec.europa.eu/economy_finance/eu/countries/hungary_en.htm

IMF: Country Report: Hungary and the IMF http://www.imf.org/external/country/HUN/index.htm

ESO: Background Information: Hungary hits at Brussels funds threat http://www.europeansources.info/record/hungary-hits-at-brussels-funds-threat/

ESO: Background information: Orbán reprimanded by EU over budget http://www.europeansources.info/record/orban-reprimanded-by-eu-over-budget/

EUObserver, 16.3.12: Hungarian PM to EU: 'We won't be a colony' http://euobserver.com/843/115613

EurActiv, 16.3.12: Orbán begs for EU, IMF help http://www.euractiv.com/euro-finance/orb-begs-eu-fmi-help-news-511535

Népszava,13.4.12: Orbán annoys IMF and EU (via PressEurop) http://www.presseurop.eu/en/content/news-brief/1798461-orban-annoys-imf-and-eu

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