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Article: Hungarian press review, 21/08/2003 (01/02).
- Article from:
- Hungary Business News
- Article date:
- August 21, 2003
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Hungarian press review, 21/08/2003 (01/02)
Budapest. August 21. INTERFAX-EUROPE - ERA OF WELFARE STATE IS OVER, SAYS MEDGYESSY. Speaking on the economy in his August 19 speech prior to the August 20 national holiday, prime minister Peter Medgyessy declared that the time of the traditional welfare state is over. A well-oiled state machinery is need, where taxpayers' money is handled thriftily and well, he added. Medgyessy also stressed the importance of savings, which serve the future, and which will bear their fruit. The premier's speech was interrupted several times by whistles and jeers from the crowd, to which Medgyessy responded by asking participants to ...