Hungary will probably raise its budget deficit goal for this year and next, funding the shortfall from extra revenue raised from banking taxes and from FX bonds to be issued at the start of 2026, several newspapers reported, citing Economy Minister Marton Nagy.
- Budget deficit target set to rise to 5% for 2025 from previous 4.1% target; gap to stay at 5% in 2026, Nagy said at a briefing late Monday, news websites Portfolio, VG reported
- Plans subject to government approval
- Government to collect 370 billion forint from bank levy in 2026 vs 185 billion forint planned earlier, Portfolio says ...
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