AFAIK, austerity in Hungary is the current program of the conservative ruling party, not an imposition by a foreign institution like the EU or the IMF. The BRI investments in Hungary are also relatively recent so it’s too early to say if they’ve succeeded or failed, what I was referencing was the wave of loan forgiveness China has offered to poorer countries, mostly in response to the economic fallout from COVID.
AFAIK, austerity in Hungary is the current program of the conservative ruling party, not an imposition by a foreign institution like the EU or the IMF. The BRI investments in Hungary are also relatively recent so it’s too early to say if they’ve succeeded or failed, what I was referencing was the wave of loan forgiveness China has offered to poorer countries, mostly in response to the economic fallout from COVID.