EU-Aligned Passage

40% Chance

Prime Minister Péter Magyar keeps the wealth tax largely intact and frames it as part of a broader fiscal clean-up after the Orbán era. The policy is used to show Brussels that Hungary can raise revenue domestically while meeting rule-of-law and budget commitments.

Initial impacts

Riskier companies' borrowing costs Down
Market volatility Down
10-year Treasury yield Up
US dollar Down

Secondary impacts

Finance +0.1%
Industrials +0.1%

Portfolio impact

S&P 500+0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

EU-Aligned Passage

Initial impacts

Secondary impacts

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