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More: euronews
The financial stability of Budapest is currently at the centre of a fierce political standoff between the City Assembly and the national government. The dispute intensified this week after Mayor Gergely Karácsony and the city administration rejected a government proposal to declare the capital insolvent, an act the government had framed as a prerequisite for offering financial aid.
If Hungary's election were held now, Fidesz would win 47 percent of the vote, up from 46 percent in August, while the opposition Tisza Party trails at 40 percent, according to a Nezopont Institute survey of 1,000 respondents conducted between Nov 24 and 26.
Magyar is the most visible new face on Hungary’s political stage — a former Fidesz insider who turned into a high-profile opposition leader almost overnight. He now accuses the government of nepotism, misusing EU funds, and using state media for propaganda, advocating for policies to combat corruption and restore democratic institutions.
Hungary's central bank (NBH) has ruled that opposition Tisza Party leader Peter Magyar did not commit insider trading or market manipulation. Magyar said in a statement on Tuesday that the NBH had terminated both proceedings against him.
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