1140 GMT - From a macroeconomic perspective, the key takeaway from Hungary's election is the unexpected strength of the mandate for regime change, ING's Peter Virovacz and Frantisek Taborsky say in a note. The two-thirds majority reduces short-term policy uncertainty while raising expectations of institutional repair, improving relations with the European Union and fiscal credibility more quickly than expected, they say. However, while the government will quickly move to resolve the EU-fund-related issues, structural change can take more than one political term, they say. Still, even if there are worse fiscal metrics in the short term as the inherited budget is dismantled, the long-term gains may be sufficient to persuade market players to allow the new government time to reshape the country, they add. (edward.frankl@wsj.com)

(END) Dow Jones Newswires

April 13, 2026 07:42 ET (11:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.