Hungary's new government cancels major state deals and orders audits

Nexus Europa Newsroom
Posted Aug 13, 2026, 06:00 PM UTC · In the digest of 2026-08-13-1800
Hungary's new government cancels major state deals and orders audits
Photo: Telex

Hungary's Tisza-led government cancels a 300 billion HUF office deal, reviews contracts with 4iG, and fires senior officials over mismanagement.

Hungary’s newly formed Tisza-led administration has initiated a sweeping review of state contracts, announcing property deal cancellations and executive dismissals. Prime Minister Péter Magyar confirmed the government is backing out of a 300 billion HUF office purchase in Budapest's Zugló district, stating the former leadership allocated funds to "overpriced office buildings" instead of healthcare or energy security.

Concurrently, Science and Technology Minister Zoltán Tanács announced a review of state contracts with telecommunications firm 4iG, despite committing €500 million to the European Union's IRIS² satellite program. Tanács also dismissed the head of the Government Service Center following allegations of financial mismanagement surrounding the "Gondosóra" senior care scheme, with legal proceedings now underway for suspected misappropriation of public funds.

Sources: 444, HVG, Telex

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