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Hungary launches National Asset Recovery Authority to target €60B

9/6/2026

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Story summary
  • Prime Minister Peter Magyar launched the National Asset Recovery Authority to retrieve stolen assets.
  • The authority aims to recover about €60 billion, with some estimates three times higher.
  • Parliament appointed political scientist Anna Unger as head, choosing her over more experienced anti-corruption candidates.
  • Unger warned legally binding verdicts on major corruption cases are unlikely within the six-year term.
  • Observers say the NVVH’s performance will heavily influence the Tisza party’s future credibility.