Nacsa Lorinc Advocates for Hungary’s Economic Neutrality Amidst EU Decisions.


Budapest: Nacsa Lorinc, a member of parliament from the KDNP party, addressed the parliament before the agenda on Monday, recalling that on October 16, the government announced a national consultation on new economic policy measures at the initiative of the Fidesz-KDNP. He emphasized Hungary’s commitment to maintaining its economic neutrality amidst what he described as an economic cold war in Europe.

According to KDNP, Lorinc highlighted that in September, Prime Minister Viktor Orbán introduced the concept of a peace budget, stressing that Hungary’s economic policy should remain neutral. He warned that an economic cold war is detrimental to both Europe and Hungary. Lorinc criticized the European Union’s recent decisions, suggesting that instead of focusing on improving competitiveness, the EU is engaging in an economic cold war and embarking on a path of economic blockade.

Lorinc stressed that Hungary should avoid this harmful path because it contradicts Hungarian interests. He insisted on preserving econo
mic neutrality and maintaining relations with both the West and the East, without subordination. He mentioned that the government has developed a 21-point economic action plan to support this stance.

He explained that consultation forms have reached a majority of households, detailing the questions included. Despite criticism, he asserted that national consultations have been effective tools against attacks from Brussels, with substantial public support.

Balázs Hidvéghi, the parliamentary secretary of the Prime Minister’s Cabinet Office, emphasized the value of directly engaging the public through consultations. He noted the consistent opposition from the left, interpreting it as a testament to faith in democracy by involving citizens in important decisions.

Hidvéghi further explained that while there are signs of economic closure and cold war, trade and investment attraction are vital for Hungary. He asserted that investments, whether from the United States, the West, or the East, are crucial for strength
ening the Hungarian economy and improving citizens’ lives.

He also discussed how the Hungarian left and opposition have consistently supported what he termed a failed Brussels policy, aiming to meet external expectations while attacking the government.