The economics of reducing overheads

It seems that following the restructuring of the legal and institutional framework of the state, the Hungarian government considered that the time has also come for the “non-traditional” transformation of its EU-conform market economy.

It seems that following the restructuring of the legal and institutional framework of the state, the Hungarian government considered that the time has also come for the “non-traditional” transformation of its EU-conform market economy. Since the budget and the government debt are difficult to handle and the EU's excessive deficit procedure also represents major limiting factors, the traditional redistribution of incomes before the forthcoming elections is not a viable option, thus “non-traditional” methods of redistribution should be applied to achieve the same goal.
 

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