Great news: Constitutional Court refused a Fidesz request to reverse the re-nationalisation of 'public interest trusts'

HUNGARY - In Brief 14 Aug 2026 by Istvan Racz

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Fidesz has asked the Constitutional Court to annul four provisions of the Constitution's 16th and 17th amendment, all approved by the Tisza-dominated new parliament. These were:- the provision required for the so-called public interest trusts (PITs), a legal construction, through which Fidesz exported some HUF3000bn of publicly owned assets (money, shares, property) into a quasi-public, but essentially private, sector, to be brought back under government control and to eventually get abolished (this kind of re-nationalisation has happened recently, and a number of PITs have been already disbanded);- the provision to remove President Sulyok (in fact, parliament has just elected András Baka, a former head of the Supreme Court, removed prior to the end of his office term by Fidesz in 2011, for President of the Republic, as a replacement of Mr. Sulyok);- a provision to terminate the office term of those judges of the Constitutional Court, who have passed the age of 70, essentially the restoration of en earlier rule, and a measure to remove Péter Polt, the Fidesz-appointed head of the Constitutional Court, and three of his colleagues, on September 1, 2026); and- a provision to limit the electability of anyone as a member of parliament for more then 12 years.The Court has now refused the annulment of the first provision in this list, concluding that they do not have the right to interfere with the content of the Constitution; they can only assess the legality of the way how an amendment was made.This is great news, as the re-nationalisation of PITs and their eventual abolishment is a key part of RRF conditionality (which will also be taken into consideration for Hungary's ac...