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PM Orban Mentions That Hungary Must Defend Its Constitutional Identity

HUNGARY
  • On Friday, Finance Minister Varga said that he sees Hungary budget deficit below 5% for 2022.
  • Hungary also announced its plan to sell 10Y HUF Green Bond in 2022.
  • It will also use USD bond sale to refinance 2023/2024 maturities.
  • This morning, PM Orban commented on his website that the government must defend Hungary’s constitutional identity even if it increases the political risk with the EU court.
  • Next economic data to watch will be current account, coming out on December 21.

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