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PM Showcases Billion-Forint Palace Renovations Amid Stagnant Economy

5/15/2026

Summary

Story summary

Prime Minister Péter Magyar presented a video tour of renovated ministerial palaces, showing lavish interiors.
Renovations cost about 21 billion forints for the Carmelite monastery, 100 billion for the interior ministry and roughly 800 billion for the castle complex, with interiors that contain expensive artworks, a historic Greater Hungary globe, cigar rooms and modern shredders.
The tour came as the six-year state of danger ended and the economy stayed stagnant, sparking public concern.

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Story summary

Prime Minister Péter Magyar presented a video tour of renovated ministerial palaces, showing lavish interiors.
Renovations cost about 21 billion forints for the Carmelite monastery, 100 billion for the interior ministry and roughly 800 billion for the castle complex, with interiors that contain expensive artworks, a historic Greater Hungary globe, cigar rooms and modern shredders.
The tour came as the six-year state of danger ended and the economy stayed stagnant, sparking public concern.