Summary
Hungary will lose €1.04 billion in EU funds on January 1, 2025, as disputes with Brussels over corruption and rule of law persist, deepening its recession.
Hungary faces a deepening recession, with with €6.3 billion frozen over rule-of-law concerns, and €200 million lost annually due to daily fines for illegal asylum seeker treatment, alongside a 0.7% economic contraction and a 4.5% budget deficit.
Prime Minister Viktor Orbán is looking to Chinese investment to offset the €19 billion in blocked EU funds.
While Chinese projects, such as a battery plant, have increased, experts doubt they can replace the scale of EU funding.
Elections in Hungary are not fair.
https://www.journalofdemocracy.org/articles/how-viktor-orban-wins/
Then that needs to be changed, the country will be fucked up until it’s fixed.
For sure - it’s a bad situation all around. Hungary is not a democracy, it’s an oligarchy masquerading as a democracy.