Hungarian President Tamás Sulyok faces an 83% chance of signing a constitutional amendment that would end his presidency today, according to market pricing. The amendment, approved by parliament on July 13, 2026, requires his signature within five days, with the deadline expiring now.
Prime Minister Péter Magyar has issued a strict ultimatum, emphasizing that Sulyok has only hours left to comply. Failure to sign could trigger impeachment proceedings that suspend his powers immediately. Magyar also warned that even if Sulyok refers the amendment to the Constitutional Court for review, impeachment will continue regardless.
This move is part of a broader institutional restructuring following Viktor Orbán's long tenure as Hungary’s leader. Markets appear to view this as a key political moment, pricing in a high probability of Sulyok's removal or resignation by the end of July.
Observers are closely watching whether the president will sign today or face forced removal, a development likely to influence political stability and investor sentiment in Hungary.
This content is for informational purposes and does not constitute financial advice.
