Hungary’s PM rejects Brussels demands to cut public spending

Interview with Ferenc Gyurcsany, Hungary's Prime Minister, in which he explains his reasoning in refusing to cut infrastructure investment or welfare benefits in response to European Commission demands to reduce the country's growing budget deficit.

Europrean Bank for Reconstruction and Development: Press Release, 15.11.05: EBRD builds on Hungary’s successful development http://www.ebrd.com/pages/news/press/2005/144nov15.shtml

---