Archive · 12 Nov 2025
Hungary could access up to $20 billion in US financial aid: Orban
Hungary's leader, Viktor Orban, met with the U.S. President, Donald Trump, and they agreed that Hungary could get financial help from the U.S. if it needs it.
This help could be like a special fund that gives Hungary up to $20 billion.
Orban mentioned that Hungary could use options like a currency swap or a credit line.
He said this is available if Hungary faces money problems.
Hungary has been spending more money before an upcoming election, which has also made its currency, the forint, do well.
Some people in Hungary think this deal shows they don't always need money from the European Union.
Hungarian Prime Minister Viktor Orban stated that Hungary could access up to $20 billion from U.S. financial facilities.
Orban met with U.S. President Donald Trump and they reached an agreement on this potential aid.
Available options include a currency swap line or a flexible credit line, pending Trump's approval.
Hungary has raised its budget deficit targets to 5% for this year and next due to pre-election spending.
This U.S. arrangement is seen by some Hungarian officials as an alternative to European Union funding.
- Who
- Hungarian Prime Minister Viktor Orban and U.S. President Donald Trump
- What
- Hungary could have access to financial facilities worth up to $20 billion from the U.S.
- When
- Friday (meeting) and Tuesday (announcement)
- Where
- The White House (meeting); Budapest (announcement)
- Why
- To shore up Hungary's finances, potentially as an alternative to EU funding, and to support Orban's government ahead of an election.
- Potential Funding Amount
- $10-20 billion
- US President
- Donald Trump
- Hungarian Prime Minister
- Viktor Orban
- Potential Facilities
- Currency swap line, flexible credit line
- Hungary's Budget Deficit Target
- 5% for this year and next