HomeEmergencyFactbox-Hungary's opposition Tisza party sets out policy plans ahead of April election

Factbox-Hungary’s opposition Tisza party sets out policy plans ahead of April election

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Feb 10 (Reuters) - Hungary's main opposition Tisza Party ​has published its manifesto for an April 12 election, when its leader Peter Magyar aims to end nationalist Prime Minister Viktor Orban's 16-year rule.

The centre-right party presents the biggest challenge to Orban's rule since his Fidesz party swept to victory in 2010, opinion polls suggest, although the ⁠outcome of the ballot remains highly uncertain.

Following are key points from Tisza's plan:

ECONOMIC POLICY

* Seek the release of billions of euros worth of EU funding currently suspended over Orban's rule-of-law reforms to help kick-start Hungary's stagnating economy.

* Use those released funds to invest in healthcare, transport, education and ‍support for businesses.

* Clamp down on corruption and cut back on what it calls unjustified public investments, saying this could save trillions of forints.

* It expects stronger growth ​and investor confidence to curb the financing costs of the EU's largest debt pile outside the euro zone by up to 1 trillion forints ($3.15 billion) over the longer term.

* It aims to cut the budget deficit from 5% or more of gross domestic product this year to below 3% and ​to meet euro entry criteria by 2030. However, joining the euro would not be possible without a parliamentary super-majority.

* Raise healthcare spending by at least 500 billion forints each year until it reaches 7% of GDP by 2030.

* Impose a 1% tax on wealth exceeding 1 billion forints that it says will raise hundreds of billions of forints.

* Limit state intervention in the economy and markets and create a predictable and transparent business environment.

* Support small businesses with EU-funded grants and tax benefits while cutting bureaucracy and energy costs.

* Suspend new permits for ‌workers from outside the EU from June.

* Cut subsidies for manufacturing and polluting technologies and review the operation of large battery manufacturers in ‌Hungary to ensure they comply with environmental standards.

FOREIGN POLICY

* Lift defence spending to NATO's target of 5% of GDP by 2035.

* Tisza would not send troops to Ukraine and does not plan ​to revive conscription.

* It does not support the fast-track entry of Ukraine into the EU and would put the issue of Ukraine's EU membership to a binding referendum.

* Halt Hungary's withdrawal from the International Criminal Court.

* Seek a bilateral strategic partnership with the U.S. focusing on energy ‌diversification, security and transparent economic cooperation.

* Strengthen Hungary's European and Western orientation.

* It would not accept the relocation of migrants from western Europe and opposes EU ⁠migration quotas and its migration pact.

RULE OF LAW

* Join the European Public Prosecutors' Office.

* Strengthen the independence of public ‌media and the judiciary.

* Greater transparency in public procurement, tougher conflict-of-interest rules.

* Two-term ​limit for prime ministers.

ENERGY

* Eliminate dependence on Russian energy by 2035.

* Full-scale review of a Russian-built nuclear power plant.

* Double the share of renewables in Hungary's energy mix by 2040.

* Launch a 1 trillion forint energy efficiency programme for households and companies.

* Maintain and extend Orban's policy of ⁠household energy price subsidies.

SOCIAL POLICY

* Employment taxes will ⁠not increase.

* Cut income tax for 2.2 million workers earning below the median wage. The current 15% rate would stay in place for higher earners.

* ​Cut the tax on the minimum wage to 9% from 15%.

* Maintain and extend the current system of family benefits.

* A so-called 13th and 14th month of pension payment launched by Orban would ‌remain in place.

($1 = 317.23 forints)

(Compiled by Gergely SzakacsEditing by Gareth Jones)

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