September 18th, 2009
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PM says government to continue crisis management, despite hopeful signs

Despite signs of stabilisation in the Hungarian economy, the government thinks that current measures of active crisis management must be maintained, Prime Minister Gordon Bajnai told Hungarian reporters on Thursday, on arrival for an extraordinary European Union summit in Brussels.

“There is no room for exaggerated optimism; we must proceed carefully,” Bajnai said.

On a different subject, the prime minister said that Hungary supported proposals to increase international control over the banking sector, but disapproved of disproportionate capital requirements for banks because it could reduce lending activities and impact economic growth.

Concerning unemployment in Hungary, Bajnai said that the government would continue its programmes seeking to protect people from losing their jobs.

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