The prime minister of Hungary, Viktor Orban, introduced a mix of cost-cutting and tax measures Tuesday, including cuts in public-sector wages and new levies on banks, as part of its efforts to reassure jittery investors that the country could reach its budgetary targets.
“The time has come to replace the country’s old economic system with a new one,” Mr. Orban said, introducing the measures before Parliament, which was expected to approve them...
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