The victory of Donald Trump in the US presidential elections cannot mean significant support for the Hungarian economy, even the US protective tariffs planned against the EU may have a sensitive impact on Budapest. This was stated on Tuesday by economic analyst Péter Felcsuti, according to whom the Hungarian Prime Minister Viktor Orbán can only benefit psychologically from his friendship with Trump, but hardly practically, informs the correspondent of TASR in Budapest.
According to the hirklikk.hu server, in an interview with KlikkTV, the expert further pointed out that expects another collapse of the Hungarian economy. “There is no hope that the government will change its economic policy, as its main goal is to maintain political power. The government only plans for the short term, always for next year, and emphasizes wage growth – even if the economic prerequisites for this are lacking,” argued Felcsuti.
For Orbán, the fact that he was the only one in the European Union to enthusiastically support Trump according to the analyst, it hardly brings any practical benefit, but it can be psychological. The Hungarian Prime Minister was in isolation due to his policy, now at least some space has opened up for him, although it remains isolated in relation to the Union.
