News Summary

• The forint this week touched the strongest level against the euro since 2023.
• Budapest's BUX stock index is 2% below a record high.
• The extra yield investors demand to hold Hungary’s dollar bonds instead of Treasuries has also shrunk by a hefty 75 basis points in the past year.
• Investors are betting that a Tisza-led Hungary will mend relations with the European Union, put the $220 billion economy on track for an injection of funds frozen by the bloc.