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Hungary's opposition flags 'New Deal' to kickstart stagnating economy
HUNGARY, JUL 11 – Péter Magyar’s plan aims to unlock 20 billion euros of EU funds and invest 500 billion forints annually in healthcare to counter economic stagnation and corruption under current government.
- On July 12, 2025 in Nagykanizsa, Hungary, Péter Magyar announced a Hungarian New Deal plan to be implemented if the Tisza party wins next year's elections.
- Magyar burst into politics last year and pledged to unlock EU funds, as funds remain frozen over Brussels-Orban clashes on democracy and corruption.
- The plan allocates 500 billion forints annually for healthcare reform, a rental flat and home construction programme, and modernisation of state railways using EU and national funds.
- Retired teacher Edit Piroska Borsi said `People are fed up with this regime`, and added that Tisza is a 'collecting party' which stood behind all this discontent.
- The parliamentary election is set for early next year, and President Donald Trump announced 30% tariffs on EU imports, shaping Hungary's future prospects.
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18 Articles
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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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