Hungary Approves 2026 Budget With Tax Cuts, Facing Economic Risks

Hungary's government has approved a new budget for 2026.

This budget includes tax cuts for families, which the government hopes will help them.

The plan is to reduce the amount of money Hungary owes, aiming for a smaller gap between what it spends and earns.

However, some experts worry because the economy isn't growing quickly, and there are questions about getting money from the European Union.

While the government thinks the economy will grow faster next year, other organizations predict slower growth.

This situation creates uncertainty for the country's financial future.