A collection of 5 posts
Based on the developments in Hungary over the past few days, it would be difficult to argue that relations between Hungary and the European Union are simply returning to where they were before Viktor Orbán came to power.
The domestic political paralysis could have serious economic consequences: the caretaker government is running out of time ahead of the August 31 deadline set by Brussels.
Slovenia’s domestic political uncertainty could even culminate in a new election: following the late-March vote, no political force appears to have secured a governing majority.
Tisza’s landslide victory on April 12 sent the forint to a four-year high and Budapest stocks to a record, as investors priced in the end of the Orbán-era risk premium and the prospect of unlocking frozen EU funds.
Poland’s economic success lies in consistent reforms and smart EU fund use, while Hungary and Romania followed more volatile development paths.