Hungary's Opposition Brings in Big Business Brain to Fix the Economy

Hungary, BudapestTue Jan 20 2026
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Hungary is gearing up for a big election in April. The opposition is making a bold move. They've brought in a top business leader to help fix the country's struggling economy. Peter Magyar leads the opposition. He's chosen Istvan Kapitany for a key role. Kapitany used to be a big shot at Shell. He also led a group of Hungarian business leaders. Now, he's joining Magyar's team. The economy has been stuck for three years. Many people are still unsure who to vote for. Magyar's party is ahead in the polls. But the race is still tight. Kapitany has big plans. He wants to bring back EU funds that Hungary can't use right now. He also wants to make small businesses stronger. This is different from the current government's focus on big factories.
Kapitany says the government's sudden policy changes have hurt business. He wants to create a fair and predictable environment. He also warns that corruption is bad for business. He'll work with Andras Karman, another finance expert. Together, they hope to bring fresh ideas to the table. The current government, led by Viktor Orban, has been in power since 2010. They say Hungary is not more corrupt than other EU countries. But the EU has frozen billions in funds due to concerns about rule of law. Kapitany believes these funds should be used wisely. He says they can help boost the economy. But he also warns that there are no quick fixes. Hard work and fair play are key.
https://localnews.ai/article/hungarys-opposition-brings-in-big-business-brain-to-fix-the-economy-8a5a0be6

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