US EditionHungary's opposition flags 'New Deal' to kickstart stagnating economy
HUNGARY, JUL 11 – Péter Magyar's plan includes a $1.5 billion annual healthcare reform and aims to unlock €20 billion in suspended EU funds to address inflation and stalled growth.
- On July 12, 2025, opposition leader Peter Magyar announced the 'Hungarian New Deal' at his party congress in Nagykanizsa, Hungary.
- Magyar launched this plan amid public discontent with the current regime and stalled EU fund access caused by conflicts between Brussels and Orban.
- The New Deal includes major healthcare funding of 500 billion forints annually, a housing program, railway modernization, energy efficiency, education investments, and a crackdown on corruption.
- Magyar committed to releasing approximately 20 billion euros in EU funds that have been withheld for years and emphasized the importance of fostering economic expansion, encouraging investment, and establishing stable financial and economic policies in Hungary.
- The plan aims to revive Hungary’s stagnating economy and challenge Orban’s 15-year rule if Tisza wins the parliamentary election set for early next year.
16 Articles
16 Articles
Hungary's Opposition Leader Unveils 'Hungarian New Deal' Amid Economic Woes
Hungary's opposition leader, Peter Magyar, has announced a 'Hungarian New Deal' aimed at reviving the country's economy. With his Tisza party leading polls against Prime Minister Orban’s government, Magyar's plan includes reforms in healthcare, housing, railways, and education, alongside a crackdown on corruption.
Hungary's opposition flags 'New Deal' to kickstart stagnating economy
Hungary's opposition leader Peter Magyar said on Saturday his Tisza party will launch a "Hungarian New Deal" to revive the stagnating economy with massive investment and predictable policy if it wins elections next year.
Peter Magyar, the leader of Hungary's opposition Tisza party, unveiled his economic program on Saturday that would revive the country's stagnant economy with large-scale investments and predictable policies if the party wins elections early next year.
The Tisza Party would also investigate government management and public procurement.
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