A shift in economic policy is underway in Hungary as the newly elected government moves to reverse years of financial deregulation and wealth redistribution under its predecessor. Measures are being introduced to rebuild safeguards for public finances and protect social welfare systems that were weakened during the previous administration’s tenure. The focus appears to be on restoring stability amid concerns over rising inequality and fiscal sustainability. Critics and supporters alike are watching closely as the government navigates the challenges of reversing decades of economic restructuring.
The former prime minister spent years stripping wealth – and guardrails – from Hungary. Now, the new government is restoring them as best it can.
