“Hungary is already a digital economy in the heart of Europe, the future has already begun, and we hope that Europe will turn its wheel in this direction too,” Prime Minister Viktor Orbán said while urging the European Union to finally close the debate on the digital economy and to take action.
Listing Hungarian economic successes, Prime Minister Viktor Orbán emphasized that in the past ten years, Hungary has emerged as one of the leaders in Europe, with a rate of almost full-employment, with modern industry and a budget which is more stable than in most of the EU.
The Prime Minister added that the new Hungarian economic model focuses on competitiveness, innovation, and entrepreneurship. Among the steps in the digital sector, for example, PM Orbán mentioned that Hungary has the lowest internet-based sales tax in Europe at five percent.
The Prime Minister also emphasized that 25 percent of Hungary’s gross national product is currently generated by the digital economy, employing some 400,000 people, the third-highest rate in the EU.
In the last ten years, Hungary has proved that “in our country, you can not only plan but also realize the future,” he said. “We need to bring digitalization to farmers in the most remote villages, hospitals, small towns, small and medium-sized businesses so that everyone wins and does not suffer the changes brought by digitalization,” he added.