September 26, 2022 07:13 GMT
- Italian election results may become notable for Hungary going forward, with Orban’s resistance to further sanctions pressure on Russia (and even the demand for their removal entirely) possibly gaining an ally in the election of right-wing’s Giorgia Meloni.
- Finance minister Varga has claimed that disputes with the EU over recovery funds are expected to be resolved by mid-November, according to a conference with economists.
- At the same conference, Varga presented forecasts that Hungary may enter a recession next year, while budget deficits should rise to 6.1% in 2022 before dropping to 4.9% in 2023.
- Moody’s retained their rating of Baa2 for Hungary late on Friday.