Peter Magyar, leader of the opposition TISZA Party, reacts after delivering his speech marking the culmination of party's nationwide campaign tour in Budapest, Hungary, April 13, 2025. REUTERS/Bernadett Szabo
BUDAPEST (Reuters) - Hungarian opposition leader Peter Magyar vowed on Sunday to unlock billions of euros of suspended European Union funding to revive the economy if elected next year, and to hold a referendum on whether Ukraine should join the 27-member bloc.
Standard & Poor's cut Hungary's credit rating outlook to negative from stable late on Friday amid growing risks to fiscal stability from trade wars, lower EU fund inflows and high debt servicing costs amid budget loosening ahead of a 2026 election.
