The Hungarian elections: implications for financial markets
Whichever candidate wins the 12 April election, it is certain Hungary’s next government must engage seriously with the financial sector and clarify plans for economic reform.
This OMFIF virtual roundtable examines how the elections might shape the country’s macroeconomic and financial outlook. It assesses potential shifts in fiscal and monetary policy, as well as the possible impact of the politics on the European Union relationship.
The expert panel considers how different electoral outcomes might affect sovereign risk, credit ratings, investor confidence and capital flows.
Speakers
Piroska Nagy Mohácsi
Visiting Professor in Practice
London School of Economics
Piroska Nagy Mohácsi
Visiting Professor in Practice
London School of Economics
Piroska Nagy Mohácsi is Visiting Professor at the London School of Economics and Political Science (LSE), where her research focuses on central banking, monetary policy, digital currencies, and financial resilience. She was interim Director and Programme Director at the LSE’s Institute for Global Affairs in 2015-21. Piroska was Policy Director of the European Bank for Reconstruction and Development (EBRD in 2008-15), and co-created led the Vienna Initiative, a public-private crisis management and coordination platform in emerging Europe.
Piroska also worked in senior positions in the International Monetary Fund (IMF) between 1986 and 2008. She was guest lecturer at the Hebrew University of Jerusalem in 1996/97 and Senior Adviser at Fitch Ratings in 2003/4.
Christopher Garnett
Senior Adviser
OMFIF
Christopher Garnett
Senior Adviser
OMFIF
Christopher Garnett is senior adviser at OMFIF. He also runs his the consultancy ChuteCourt Asesores. He is the principal permanent adviser for the UK to the executive president of the Central American Bank for Economic Integration. He worked for Euromoney from 1988-2016. He was the director of their conferences business and a group executive committee member and remained consultant to the business for five years.
Ioannis Gutzianas
Economist
Vienna Institute for International Economic Studies
Ioannis Gutzianas
Economist
Vienna Institute for International Economic Studies
Ioannis Gutzianas is an Economist at the Vienna Institute for International Economic Studies, where he serves as country expert for Czechia, Hungary, and Greece. His work focuses on macroeconomic modelling at the intersection of climate policy, labour markets, and monetary dynamics, with a particular interest in the distributional and structural effects of the green transition.
Before joining wiiw, he worked as a macroeconomic modeller at Cambridge Econometrics, contributing to projects on decarbonisation policies and sustainable finance for governments and international institutions. He holds an MA in Political Science from Central European University and a BA in Political Science from Corvinus University of Budapest.