
Grayling Hungary has published its update and assessment of the 2026 Hungarian election results, marking a historic shift with TISZA’s constitutional supermajority and mandate for systemic change. Grayling experts argue that, in the short term, businesses should expect volatility as institutional reforms, leadership changes, and policy reviews unfold. Over time, a less interventionist economic policy may emerge, including changes to investment incentives and windfall taxes. Budgetary constraints are likely to limit the pace and scope of these changes. Improved EU relations could unlock funding and support recovery. The government has also signalled an ambition to adopt the euro within 4–5 years, requiring significant fiscal adjustment.