ViktorOrban

Orban Prioritizes Fiscal Discipline Ahead of Upcoming 2026 Elections to Calm Markets

1 day ago

In a strategic move aimed at consolidating economic stability and enhancing investor confidence, Hungarian Prime Minister Viktor Orban has committed to a fiscal discipline plan in the lead-up to the 2026 parliamentary elections. This announcement comes at a critical juncture as Hungary faces mounting economic pressures and scrutiny, prompting urgent calls for responsible budgeting and reform.

Orban Appoints Trusted Finance Minister as New Head of Hungary's Central Bank

24 days ago

In a significant move reflecting both loyalty and continuity in governance, Hungarian Prime Minister Viktor Orban has chosen his long-time ally, Finance Minister Mihaly Varga, to lead the nation’s central bank, the Magyar Nemzeti Bank (MNB). This appointment comes amid a challenging economic landscape and signals Orban's intent to maintain a firm grip on Hungary's financial direction.

Hungary's Ambitious Plan to Raise Minimum Wage by 40% by 2027 Raises Inflation Concerns

27 days ago

In a bold move to boost the purchasing power of its workers, the Hungarian government has announced plans to implement a significant 40% increase in the national minimum wage by the year 2027. This strategy aims to enhance the quality of life for the workforce, but it also raises critical questions about its impact on overall inflation in the country.

Hungary's Orban Grapples with Economic Challenges Amid a Weak Forint

2 months ago

In a complex economic landscape, Hungarian Prime Minister Viktor Orban is confronting significant challenges brought on by a weakening forint and a sluggish economy. The Hungarian currency has experienced notable depreciation, making it one of Europe’s poorer performers this year. This trend poses serious questions for Orban's government as it attempts to balance fiscal stability with political pressures and public expectations.

Hungary's New Policy: Unlocking Private Pensions for Real Estate Investments in 2025

2 months ago

In a significant policy shift aimed at boosting the Hungarian property market and providing a new avenue for financial growth, the government of Hungary has announced plans to allow the use of private pension funds for real estate purchases starting in 2025. This initiative is expected to encourage individuals to utilize their savings in a way that can enhance both their personal financial situations and the overall economy.