Péter Magyar: There was a minister who exercised his veto right during the budget preparation
Hungarian Prime Minister Péter Magyar discussed the 2027 budget in an interview, highlighting wage increases, tax cuts, and family support enhancements. He noted challenges due to a larger budget deficit inherited from the previous government, which complicated budget negotiations. Four ministers have veto power over the budget, and compromises were reached despite differing opinions. The budget aims for economic stability but may require adjustments to meet the 4.9% deficit target. Key areas of focus include sectors neglected by the previous administration, particularly the Ministry of Interior, which faces calls for significant wage increases to retain personnel.