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Hungary to Cut 2027 Budget Deficit to 4.9% of GDP in Euro Push

Source: Bloomberg

Fiscal Policy & BudgetEmerging Markets

Hungarian Prime Minister Peter Magyar said he plans to reduce the budget deficit to 4.9% of GDP next year, from an estimated 7.5% in 2026. He announced the deficit-reduction plan in parliament on Monday; the article gives no implementation details or market reaction.

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