Economic growth will take off and the government will cautiously phase out sectoral taxes from the system, Heim said, adding that “paradoxically” he expected Fidesz to start introducing decentralised economic measures from 2015 after the centralised policies of the past years.

The government is likely to stop strengthening the state’s position in the financial and energy sectors, and, while holding onto its power in these sectors and public utilities, it would pull out from other areas, he said.

Zoltán Ádám, senior researcher at Kopint-Tárki, said that Orbán’s postelection victory speech last night suggested he would pursue more predictable policies in the future and appear more consolidated towards the EU. He said multinationals and banks would still not be blessed by the government policies, and if any budget adjustments are necessary, it is these sectors that will be targeted.

Fidesz will not change its economic policy model and will not reduce burdens on economic players but will try to support domestic investors, he added.

Gábor Karsai, deputy chief executive at GKI economic research institute, said Fidesz’s vision had been to stimulate growth by increasing the state’s role in the economy and introducing the flat tax, so it is likely to stick to these strategies in the future. He argued that there would be no further reduction in energy bills.

Source www.hungarymatters.hu

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