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Peter Magyar Becomes PM, Boosting Investor Optimism in Hungary

5/8/2026

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Story summary
  • Peter Magyar will become Hungary’s prime minister after winning the April 12 election.
  • A German-Hungarian Chamber survey shows 42 % expect a better economic outlook in Hungary, up from 7 %, and one quarter of 260 companies are willing to invest.
  • Chamber chairman Robert Keszte said Magyar’s focus on education, small-business support and euro adoption matches German investors’ interests, though he warned spending plans and limits on non-EU workers could strain finances.