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Orbán's Election Strategy: Tax Cuts and U.S. Aid

11/11/2025

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Story summary
  • Viktor Orbán, Hungary's Prime Minister, faces a spring 2026 electoral defeat amid financial pressures.
  • He met with U.S. President Donald Trump and secured a waiver from sanctions on Russian energy.
  • They discussed a financial assistance package of up to $20 billion from facilities including a currency swap line.
  • Orbán's government has raised the 5% deficit target to support spending and implemented tax cuts and wage hikes to win voters.