Sun 6 Sep 2026
FTSE 100 10,831.09 +0.36%Microsoft 499.70 -2.69%NVIDIA 230.36 +5.89%Apple 319.97 +0.08%Google 335.31 -2.21%S&P 500 7,718.60 +0.09%Nasdaq 26,506.99 +0.40%Dow 53,414.25 -0.27%Russell 2000 2,975.65 +0.11%US 10Y Treasury 4.78% +0.55%Euro Stoxx 50 6,392.93 -0.42%DAX 26,046.40 -1.97%AEX-Index 1,113.50 +0.70%Nikkei 225 65,020.94 -1.95%Hang Seng 25,650.87 +0.26%Gold $4,476.60 +2.96%Silver $66.75 +3.30%Brent Crude Oil $96.28 +1.72%Natural Gas $2.98 +2.44%Copper $6.68 +2.70%GBP/USD 1.3517 -0.17%GBP/EUR 1.1639 -0.38%GBP/AUD 1.8774 -0.72%Bitcoin (USD) $79,836 +3.28%Ethereum (USD) $2,493 +4.23%FTSE 100 10,831.09 +0.36%Microsoft 499.70 -2.69%NVIDIA 230.36 +5.89%Apple 319.97 +0.08%Google 335.31 -2.21%S&P 500 7,718.60 +0.09%Nasdaq 26,506.99 +0.40%Dow 53,414.25 -0.27%Russell 2000 2,975.65 +0.11%US 10Y Treasury 4.78% +0.55%Euro Stoxx 50 6,392.93 -0.42%DAX 26,046.40 -1.97%AEX-Index 1,113.50 +0.70%Nikkei 225 65,020.94 -1.95%Hang Seng 25,650.87 +0.26%Gold $4,476.60 +2.96%Silver $66.75 +3.30%Brent Crude Oil $96.28 +1.72%Natural Gas $2.98 +2.44%Copper $6.68 +2.70%GBP/USD 1.3517 -0.17%GBP/EUR 1.1639 -0.38%GBP/AUD 1.8774 -0.72%Bitcoin (USD) $79,836 +3.28%Ethereum (USD) $2,493 +4.23%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 25°C OvercastBirmingham 23°C Patchy rain nearbyManchester 22°C SunnyNewcastle 17°C OvercastBristol 25°C SunnyPembroke 20°C OvercastEdinburgh 17°C OvercastBelfast 18°C OvercastInverness 16°C OvercastPenzance 18°C OvercastHolyhead 19°C OvercastNorwich 23°C Patchy rain nearby
More Info

Hungary’s New Government Targets Orban’s Legacy with Bold Reforms

Advertisement
Follow News in 60 on Facebook

Hungarian Prime Minister Peter Magyar is swiftly dismantling the legacy of former leader Viktor Orban through a series of significant reforms aimed at combating corruption and restoring democratic integrity. This initiative, dubbed ‘Operation Purgatory,’ seeks to address the systemic issues that allowed Orban’s regime to flourish, including the manipulation of state institutions and the media.

One of the most pressing actions taken by Magyar’s government is the abolition of public interest asset management foundations, which were established under Orban to transfer public assets into private hands. This move is crucial for recovering billions that were misappropriated and is seen as a vital step toward ensuring transparency and accountability in governance.

Additionally, the new administration is enhancing the powers of the Integrity Authority and tightening asset declaration rules for politicians, addressing the corruption that plagued Orban’s tenure. These reforms are not only symbolic but also practical, as they pave the way for the release of approximately €17 billion in EU funding that was previously frozen due to concerns over corruption.

As Magyar’s government continues to implement these changes, the focus remains on preventing a return to Orban’s ‘mafia system.’ By establishing a more transparent and accountable political environment, Hungary aims to restore trust in its institutions and align more closely with EU standards, marking a significant shift in the country’s political landscape.

Source: DW News

Read more Politics news →

News Category: Politics Tags: corruption, democracy, hungary, orban, reforms

Leave a comment

Your email address will not be published. Required fields are marked *