Hungarian Conservative

While left-liberal political and media organisations in Hungary are facing tough questions about receiving large campaign donations from the US from entities posing as NGOs, the second largest donor to the Democratic Party in the US is facing multiple counts of wire fraud charges.

The goal is to curb inflation and avoid recession, Viktor Orbán stressed last year. On Tuesday, 3 January, Finance Minister Varga announced that Hungarian public debt has decreased more significantly than expected, dropping to 73.5 per cent of GDP in 2022, and confirmed that in line with the projection, last year’s budget deficit target was met, at 4.9 per cent of GDP.