Hungary’s Economic Crisis

Last year, Promising sparing indicators is a headline in the front page of a Hungarian newspaper. The economists, politics representatives and many politicians said that Hungarys economy is growing. Growing half generation as it should be. In reality and if economics can only speak, Hungary was in big trouble and in the verge of economic collapse drop dead year. The economic crisis of Hungary led the resignation of crown Minister Ferenc Gyurcsany. Now, Hungarys world is looking for the proper replacement for their Prime Minister.And they hope that whoever would be their Prime Minister will help them regain their economic stability. As economic crisis still exists in the country, many believed that the major factor that would determine the economic stability is its policies regarding their bountyers. Hungarys total population of pensioners totaled for about 3 million which is about one-third of the whole population. Aside from supporting these pensioners, the government also pays for special benefits to accident victims, military and police veterans.The problem boils down(p) to the public spending and finances. Pension is a heavy obligation that Hungarys government is shouldering because of their policy regarding pensioners. Reforming the policy is not an option for the Socialist caller of Gyurcsany because they protect the Socialist voting percentage which is mainly composed of retirees. Solutions should be done and we should try anything possible that will be in dandy help for the convalescence of the nation. Possible solution is to cut the pension receive by the retirees into much lesser amount.This would definitely be a wide help in the recovery. One another option is to limit the pensions to those in proper age of retirees and not to those who were only taken their opportunity of having their pension because of undersized accidents. In the end, all should be working for the progress and recovery of this nation, not only the officials but also the people that are the ones greatly affected by the economic crisis. Any solutions can be unspoiled and should be tried.