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Economy / Hungary

Super Majority Assured

April 2010 | Risk Summary

As we long expected, the centre-right Fidesz party won a parliamentary 'super majority' in Hungary's general elections on April 26, providing a significant boost to the country's political risk profile in process. We reiterate our belief that new government's scope to pursue an expansionary fiscal policy will be limited, with the country's IMF Stand-By Arrangement and elevated financial market volatility remaining key anchors limiting economic policy making at this juncture.

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