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 PM Targets Corruption and Political Reform

Advertisement
Follow News in 60 on Facebook

Hungary’s Prime Minister Peter Magyar has initiated a sweeping reform agenda aimed at dismantling the political and economic structures established by former Prime Minister Viktor Orban. Dubbed ‘Operation Cleansing Fire’, this initiative includes a new constitution, the establishment of an anti-corruption office, and the removal of President Tamas Sulyok, who was appointed by Orban.

The reforms are crucial for Hungary as they aim to unlock €16.4 billion in EU funds that were previously frozen due to concerns over rule of law and corruption. Magyar’s government plans to implement these changes swiftly, with a constitutional review set to begin in September, potentially culminating in a referendum.

One significant aspect of the proposed changes is the introduction of term limits for lawmakers and judges, which could reshape Hungary’s political landscape and prevent Orban’s return to power. The reforms also seek to address the systemic corruption that has reportedly cost the country up to 10% of its GDP in recent years.

As Hungary navigates this transition, the success of these reforms will depend on the government’s ability to effectively purge Orban’s allies from key positions and restore public trust in its institutions. The outcome could have lasting implications for Hungary’s relationship with the EU and its internal governance.

Source: Al Jazeera

Read more Politics news →

News Category: Politics Tags: corruption, eu, hungary, politics, reform

Leave a comment

Your email address will not be published.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