Hungarian Health Minister Mr Lajos Molnár submitted his resignation yesterday, which the Prime Minister accepted. Smaller coalition party Liberals are entitled to appoint his successor. According to the Liberals, the the Health Minister's successor will be named in the coming days and is expected to be committed to the health reforms.
Our view: We could imagine neutral to slight negative price reaction today to yesterday’s positive sentiment on the back of the Liberals’ strong commitment to the continuation of the health reform without any dilution in the already started hospital restructuring and drug reforms.