Part 4/10:
As Hungary progresses into 2024, the financial outlook remains precarious. The government raised its deficit target from 2.9% to 4.5% of GDP, only to exceed the revised target, with provisional estimates indicating a deficit of approximately 4.8% of GDP. This overshoot places Hungary in violation of EU fiscal regulations, garnering scrutiny and subjecting the nation to penalties unless budgetary reforms are instituted.