Opposition parties: Forint weakening caused by govt economic policies

The recent weakening of the forint has resulted from the government’s “ill-advised, unconvincing economic policy”, representatives of opposition parties said on Tuesday.

Zoltán Vajda, a candidate of the united opposition in Budapest’s 13th district, told an online press conference that despite the government’s “lies”, the Ukraine war was not the sole reason for the weakening of the forint, considering that other currencies in the region weakened to a much lesser degree.

“Only the introduction of the euro without delay could protect Hungarian people,”

he said and promised that in case of a change of government, the date of euro accession will be announced.

As we wrote on Monday, Forint hits 400 historic lows against the euro, government blames Brussels.

Momentum

Momentum deputy leader Márton Ilyés said NATO was the guarantee to military security and the European Union to economic security. Prime Minister Viktor Orbán’s policies “loosened and ripped up” this network of security, he added. He called for energy policy which places emphasis on renewable energy instead of dependence on Russia. He added that the current opposition was the guarantee to the reopening of EU resources and joint action against Russian pressure.