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Mr Orban (l) in a mini-gaffe referred to the new Europe 2020 growth strategy as "Lisbon 2020," recalling the EU's previous Lisbon Agenda, which has become a byword for EU failure to meet economic targets (Photo: ec.europa.eu)

Wobbly Hungary tasked with rebuilding trust in EU

Brussels has warned that markets will "punish" the EU unless it restores faith in its financial governance. But the 2011 Hungarian EU presidency risks setting a bad example amid a struggle to rebuild its economy and a recent turn toward nationalism.

"I have encouraged Prime Minister Orban to do everything that is in his power to address the structural problems for Hungary, to continue and to accelerate if possible fiscal consolidation efforts," European Commission President Jose Manuel ...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Mr Orban (l) in a mini-gaffe referred to the new Europe 2020 growth strategy as "Lisbon 2020," recalling the EU's previous Lisbon Agenda, which has become a byword for EU failure to meet economic targets (Photo: ec.europa.eu)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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