A new economic plan?

In the last few days the news that has piqued Hungarian interest is a study called “Kilábalás” (loosely translated, “Recovery,” closer to the original, “Getting out of trouble”). The authors are four fairly young economists - Krisztián Orbán, Péter Holtzer, Tamás Vojnits and Gyula Barabás. They own Oriens, an M&A financial consulting company operating in Central and Eastern Europe, and also manage a private equity fund with investments in Hungary, Romania, and Bulgaria. It seems that George H. Walker, III, former U.S. Ambassador to Hungary and first cousin of former president George Herbert Walker Bush, and George Pataki, former Republican governor of New York, are on the fund’s board.

The young economists claim that, although Oriens is a business venture, the economic program they prepared was not commissioned by anyone. However, the leaked Orbán speech in a primitive way echoes some of their suggestions.

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Hungary, economy, economic plan, Oriens