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Hungary’s New Government Faces Macroeconomic, Fiscal Challenges

 Hungary’s incoming government faces significant macroeconomic and public finances challenges due to low growth, a large fiscal deficit, and high and rising government debt, Fitch Ratings says. The commanding victory of the opposition centre-right TISZA party in Sunday’s election should support improved relations with the EU and ease the risk of institutional clashes that could have undermined its ability to implement policy changes. [....]