News • 25 January 2019

TRADE UNIONS PROTEST AGAINST THE “SLAVE LAW” AND DEMAND HIGHER WAGES

UIF

UIF team

Administration

For many years Hungary has been demonstrating significant economic development and remains one of the most attractive countries for investment. For example, this week the French veterinary company will spend 8.2 billion forints (25.3 million euros) on the construction of a vaccine plant, as well as on research facilities; FAG, a Hungarian subsidiary of the German Schaeffler group, has allocated 25 billion forints (77 billion euros) for the plant in Debrecen, creating 500 jobs. However, economic growth cannot stop the popular discontentment. On Saturday, the country experienced a series of protests against the “slave law”, and of course, the government brought a charge of this against billionaire George Soros. That is why the support of Fidesz party is steadily decreasing, as evidenced by numerous polls. The issue of migration also remains in the limelight of Hungary’s political life. The government is adamantly opposed to illegal border crossings.

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