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Story summary
- Viktor Orban, Hungary's Prime Minister, announced a 100 billion forint package (about $300 million) to aid restaurants and cover heating costs for households in January ahead of April election.
- The plan provides liquidity for restaurants, halves tourism tax, and waives a levy on entertainment spending.
- Orban also announced tax cuts for families, wage hikes, and pensioner food vouchers.
- Fitch Ratings downgraded Hungary's outlook to negative over Orban's pre-election spending.
