Orban Finds Investors More Amenable Than EU Politicians

Viktor Orban during his annual news conference in Budapest on Dec. 21. 

Photographer: Akos Stiller/Bloomberg

Hi, this is Andras Gergely in Budapest. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here.

The warm reception to Hungary’s eurobond sales seem to suggest Prime Minister Viktor Orban’s government is having a new year’s honeymoon with markets. Hungary stood out among the Eastern European issuers at the Euromoney conference in Vienna last week, tapping investors while the going is good. The government has now sold more debt abroad than it had planned to for the whole of the first half of 2024.