Hungary releases undisclosed terms of 2024 China loan

9 articles · Updated · Bloomberg · May 1

The €1 billion loan was taken by Viktor Orban's government, and incoming Prime Minister Peter Magyar is due to take office on May 9.
Authorities had disclosed the loan's amount and maturity in 2024 after months of delay, but other key conditions had remained secret until now.
The disclosure follows Magyar's election victory and his pledge to scrutinise costly international agreements signed during Orban's 16 years in power.

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