Hungary, an ailing economy in Europe

With prices up 50% since 2020, Hungarian consumer spending has ground to a halt. The government's gamble on an industrial revival led by Chinese battery manufacturers has yet to pay off. This situation is putting pressure on the nationalist prime minister, Viktor Orban, just months ahead of the legislative elections.

Août 19, 2025 - 08:01
Hungary, an ailing economy in Europe
With prices up 50% since 2020, Hungarian consumer spending has ground to a halt. The government's gamble on an industrial revival led by Chinese battery manufacturers has yet to pay off. This situation is putting pressure on the nationalist prime minister, Viktor Orban, just months ahead of the legislative elections.
Tomas Kauer - News Moderator https://www.tomaskauer.com/