Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > In Hungary, Rubio says Trump is committed to PM Orban's success
    Finance

    In Hungary, Rubio says Trump is committed to PM Orban's success

    Published by Global Banking & Finance Review®

    Posted on February 16, 2026

    4 min read

    Last updated: February 16, 2026

    In Hungary, Rubio says Trump is committed to PM Orban's success - Finance news and analysis from Global Banking & Finance Review
    Tags:Presidentfinancial communityinternational financial institutioncorporate governanceInvestment management

    Quick Summary

    Trump's support for Hungary's Orban is crucial for US interests, says Rubio, as Hungary faces a pivotal election. US-Hungary relations are strengthening under Orban's leadership.

    Table of Contents

    • U.S. Commitment to Hungary's Leadership
    • Implications of Upcoming Elections
    • Economic Challenges Facing Hungary
    • Criticism from the European Union

    Trump's Commitment to Orban's Success Highlights U.S.-Hungary Relations

    U.S. Commitment to Hungary's Leadership

    By Humeyra Pamuk and Anita Komuves

    Implications of Upcoming Elections

    BUDAPEST, Feb 16 (Reuters) - President Donald Trump is committed to the success of Hungarian Prime Minister Viktor Orban because his leadership and rapport with Trump are crucial to U.S. interests, U.S. Secretary of State Marco Rubio said on Monday, offering a robust endorsement of the nationalist leader as he faces a tough election in April.

    Economic Challenges Facing Hungary

    Speaking at a news conference with Orban in Budapest, Rubio said U.S. ties with Hungary were entering a "golden era" but appeared to suggest that this depended on Orban being re-elected. He also indicated that Washington would be willing to help Budapest financially if needed.

    Criticism from the European Union

    "President Trump is deeply committed to your success, because your success is our success," Rubio said, standing next to Orban. "We want this country to do well. It's in our national interest, especially as long as you're the prime minister and the leader of this country," Rubio said.

    U.S. AFFIRMS VALUE OF TIES WITH HUNGARY'S ORBAN

    "We are entering this golden era of relations between our countries, and not simply because of the alignment of our people, but because of the relationship that you have with the President of the United States," Rubio said.

    At an April 12 parliamentary election set to be keenly contested, Orban faces his biggest challenge since his Fidesz party came to power in 2010.

    The vote will have major implications for Europe and its strengthening conservative and far-right political movements.

    Orban, long one of Trump's closest allies in Europe, has often clashed with the EU on a range of issues while keeping cordial ties with Russia and criticising Ukraine.

    Many on the American hard-right consider him a model for Trump's tough immigration policies and support for Christian conservatism.

    Rubio, also Trump's national security adviser, was on the second leg of a two-day tour to Slovakia and Hungary, whose conservative leaders are close to Trump and critical of the European Union.

    In both countries, Rubio pledged to forge stronger bonds at a time when Washington's ties with larger European allies such as France and Germany are under strain.

    RUBIO PRAISES ORBAN AS WESTERN EUROPE LOOKS ELSEWHERE

    Trump's criticism of Europe, imposition of tariffs on EU countries and ambition to acquire Greenland from fellow NATO member Denmark have prompted Western European leaders to look at carving a more independent path.

    At the weekend Munich Security Conference, Rubio delivered a message of unity but also maintained the administration's criticism of Europe after a year that has scarred transatlantic ties.

    Rubio said the outcome of Hungary's election was up to the voters, but repeatedly praised Orban's "extraordinarily strong" relationship with the U.S., saying it had "tangible benefits" for bilateral ties.

    "If you face financial struggles, if you face things that are impediments to growth, if you face things that threaten the stability of your country, I know President Trump will be very interested, because of your relationship with him, and because of this importance that this country has, just finding ways to provide assistance if that moment ever were to arise," Rubio said.

    Orban has struggled to revive Hungary's economy since inflation surged after Russia's February 2022 invasion of neighbouring Ukraine, and growth has stagnated for three years.

    He has cut taxes, raised wages and promoted cheap home loans to shore up his poll standings at the cost of a higher budget deficit, inflationary risks and forfeiting progress in slowly reducing one of the European Union's largest debt piles.

    Both Orban and Slovakian Prime Minister Robert Fico have been accused by EU institutions of weakening their countries' judiciary, media and anti-corruption enforcement, accusations they reject.

    (Reporting by Humeyra Pamuk and Anita Komuves;Additional reporting by Gergely Szakacs and Alan Charlish, Editing by Kevin Liffey)

    Key Takeaways

    • •Trump's support for Orban is vital for US interests.
    • •Rubio emphasizes the importance of Orban's leadership.
    • •US-Hungary relations are entering a 'golden era'.
    • •Orban faces a significant election challenge in April.
    • •Orban's policies align with Trump's conservative values.

    Frequently Asked Questions about In Hungary, Rubio says Trump is committed to PM Orban's success

    1What is corporate governance?

    Corporate governance refers to the systems, principles, and processes by which companies are directed and controlled, ensuring accountability and transparency in their operations.

    2What is investment management?

    Investment management is the professional management of various securities and assets to meet specified investment goals for the benefit of investors.

    3What is an international financial institution?

    An international financial institution (IFI) is an organization that provides financial services for international economic development, such as the World Bank or the International Monetary Fund.

    4What is the role of a president in financial matters?

    The president in a financial context often oversees the strategic direction of financial policies and institutions, influencing economic decisions and governance.

    5What is the financial community?

    The financial community encompasses all individuals and organizations involved in the finance sector, including banks, investors, and regulatory bodies, working together to facilitate economic transactions.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Image for UK government abandons plans to postpone 30 local council elections in May
    UK government abandons plans to postpone 30 local council elections in May
    Image for EU countries should not hide behind national interests, German Finance Minister says
    EU countries should not hide behind national interests, German Finance Minister says
    Image for UK's Aberdeen to oppose $9.2 billion InPost takeover, Bloomberg reports
    UK's Aberdeen to oppose $9.2 billion InPost takeover, Bloomberg reports
    Image for Bank of England to cut rates in March, timing of further cuts unclear: Reuters poll
    Bank of England to cut rates in March, timing of further cuts unclear: Reuters poll
    Image for Italy says it stands ready to train police in Gaza
    Italy says it stands ready to train police in Gaza
    Image for France's EDF faces higher costs from electricity oversupply
    France's EDF faces higher costs from electricity oversupply
    Image for UK regulator fines Carillion's former chief $324,500 over misleading statements
    UK regulator fines Carillion's former chief $324,500 over misleading statements
    Image for German Social Democrat paper adds to calls for social media curbs for children
    German Social Democrat paper adds to calls for social media curbs for children
    Image for Hungary asks Croatia for help after Russian oil flows via Ukraine halted
    Hungary asks Croatia for help after Russian oil flows via Ukraine halted
    Image for Sterling struggles for direction before key British data
    Sterling struggles for direction before key British data
    Image for How to boost the international role of the euro
    How to boost the international role of the euro
    Image for UK's FRC weighs letting Chinese auditors use home standards for London listings
    UK's FRC weighs letting Chinese auditors use home standards for London listings
    View All Finance Posts
    Previous Finance PostUK regulator fines Carillion's former chief $324,500 over misleading statements
    Next Finance PostGerman Social Democrat paper adds to calls for social media curbs for children