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Economy / Hungary

New Constitution Reinforces Power Consolidation

April 2011 | Political Risk Analysis

Hungary's ruling Fidesz party is expected to easily pass a new constitution through parliament which opposition parties have claimed is a further attempt at power consolidation. While the new legislation has the potential to worsen relations between Hungary and the EU and provoke further protests from opposition groups at home, we believe that Fidesz's still-robust popularity will preclude a major shift in the administration's policy stance for the foreseeable future.

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