“The EU doesn't assist member countries in overcoming the economic slump because it punishes those who behave well and rewards those who perform poorly,” said the Hungarian prime minister at a last week’s event, adding that “with this kind of mentality one couldn't even run a village five and ten cent store.” By this he referred to the unfairness of threatening Hungary by withdrawing part of the cohesion funds as of 2013.
According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of bankruptcies in trade and in vehicle trade, as well as in agriculture and in collective services.