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Tuesday, January 20, 2026

Hungary PM Says He Secured Financial Shield Agreement With US

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Hungary’s Prime Minister Viktor Orban attends a bilateral lunch hosted by U.S. President Donald Trump, at the White House in Washington, D.C., on November 7, 2025. Jonathan Ernst/ReutersHungary recently struck an agreement with the United States that Prime Minister Viktor Orban says will provide Hungary a “financial shield” to safeguard the country from any financing problems.The deal followed a meeting between Orban and President Donald Trump at the White House on Nov. 7 to discuss sanction relief on Russian oil and gas. The United States granted Hungary a one-year exemption from those sanctions following the meeting.

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