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Pro-Government Analyst Downplays Impact of Possible "Huxit" From the EU

HUNGARY

LOCAL NEWS

  • Pro-government analyst argues it would be timely to assess the potential benefits of 'Huxit'.
    • The Analyst claims EU criticism of the Hungarian child abuse law and the threat to withhold funding makes it necessary to consider exiting the EU.
    • Also believes that Hungary would not lose much by leaving the EU, as membership implies the domination of foreign firms that syphon profit out of the country.
    • Meanwhile, conservative and liberal commentators disagree and see EU membership as Hungary's number one strategic interest with a Huxit being devastating for the economy, should it lose access to the common market & freedom of movement.
  • Lavrov says Russian President Putin will meet with Hungarian PM Orban in person as the epidemiological situation stabilizes. No mentions of the agenda are noted
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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