Hungary election winner will have to rein in social spending, S&P says
Published on: Monday 23 March 2026
BUDAPEST, March 24 (Reuters) - The winner of Hungary's April 12 parliamentary election will have to take steps to rein in social spending to shore up state finances amid risks to an economic recovery from the global energy price shock, S&P; Global said. Hungary's budget deficit reached nearly 40% of the full-year target in the first two months of this year amid heavy spending by right-wing Prime Minister Viktor Orban ahead of the ballot, where the veteran leader faces the toughest challenge
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