Hungary’s new government will improve fiscal transparency to prepare the economy for euro adoption and make taxation for companies and individuals more equitable, incoming finance minister
- Prime Minister
Peter Magyar ’s cabinet seeks to meet all euro criteria by 2030 - Government to amend 2026 budget by end of summer and will base next year’s projections on “conservative” estimates, Karman says
- Will wait until the autumn to prepare the next year’s budget once it has more visibility on outlook, compared with previous government’s summer fiscal plan that needed multiple revisions
- Will introduce income-tax credit ...