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* Investments that boost growth could lower tax bill, PMsays
* Does not specify when, on what conditions cut could happen
* Telecoms sector has paid special taxes since 2010 to cutdeficit
By Gergely Szakacs
BUDAPEST, Nov 5 (Reuters) - Hungarian Prime Minister ViktorOrban indicated on Tuesday that telecommunications companies maybe able to reduce some of their special tax burdens in thefuture by making investments that boost economic growth.
Orban has stabilised the budget with a string of unorthodoxmeasures such as special taxes on banks, energy firms and thetelecommunications sector, which have earned him much criticismfrom abroad.
However, the measures have also got Hungary off the EuropeanUnion's blacklist of fiscal offenders. On Tuesday the EuropeanCommission forecast that the deficit would remain within itslimit of 3 percent of GDP in both 2013 and 2014 - election year.
The draft 2014 budget has pencilled in 57 billion forints($260 million) in revenue from a special tax on thetelecommunications sector, and another 53 billion from a tax oncommunications and other public utility infrastructure.
Orban, who was speaking at the signing of a cooperationagreement with Norway's Telenor, did not specify whenthe telecoms tax burden might be cut.
"We have discussed this issue today and agreed that ofcourse we readily accept any proposal that contributes to thegrowth of the Hungarian economy and generates more tax revenue,because we will be able to reduce the burdens specific to thissector proportionately," Orban said.
Major players include Magyar Telekom, a unit ofDeutsche Telekom, and Britain's Vodafone.
Orban, who faces an election in April or May 2014, says hehas saved Hungary from collapsing under a Greek-style debt pileafter years of mismanagement under Socialist governments.
Hungary has struggled to rebound from last year's recession,but on Tuesday, the EU Commission forecast growth wouldaccelerate in the coming years.
Telenor Hungary chief executive Christopher Laska said thecompany was ready to invest another 10 billion forints intoexpanding its high-speed mobile Internet network in Hungary.
"We will actively participate in initiatives aiming toeffectively increase Hungary's competitiveness," he said.
