Hungary's parliament votes to reverse anti-LGBTQ legislation from Orban era

Hungary's parliament has voted to reverse a piece of legislation that was introduced during the Orban era, targeting the LGBTQ+ community. This move is significant as it marks the first major reversal of anti-LGBTQ laws in the country. The legislation, known as the "child protection law," was passed in 2021 and has been widely criticized for its impact on the LGBTQ+ community. This reversal is a step towards greater inclusivity and could have a positive impact on the country's social and economic landscape.

Why it matters

The reversal of anti-LGBTQ legislation in Hungary may lead to improved relations with the EU and increased investor confidence. This could result in a positive impact on Hungarian assets.

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