Hungary has released the previously undisclosed terms of a €1 billion ($1.2 billion) loan that its former Prime Minister Viktor Orban’s administration secured from China in 2024.

The disclosure follows a report by 444.hu, which highlighted the loan’s size and the fact that it materialized during Orban’s tenure. The terms, now public, shed light on the financial ties between Budapest and Beijing amid ongoing scrutiny of Hungary’s fiscal strategy.

Investors now face clearer insight into the loan’s impact on Hungary’s debt profile and its influence on the country’s economic alignment. The public release may affect perceptions of Hungary’s fiscal prudence and its relationship with Western markets.

This transparency could prompt reassessment of Hungary’s borrowing patterns and signal to creditors a willingness to disclose previously opaque financial arrangements.