The article joins the scholarly discussion regarding how the financial crisis affects
constitutional adjudication. It is argued that constitutional adjudication is changing
in Hungary partly with regard to the financial crisis, because references to the financial
crisis are a strong element of the argumentation e.g. in foreign currency loan related
cases, but also in the justification of general constitutional changes, in the adoption
of certain provisions of the Fundamental Law. The assessment suggests that the instability
of constitutional adjudication is also interrelated with the general constitutional
crisis in Hungary since 2010. Both factors of the financial crisis and of the constitutional
crisis have led to the alteration of former rule of law standards in Hungary also
in cases related to the financial crisis, but otherwise as well. The paper composes
of two parts, the first explains the deepest f inancial and constitutional crisis.
In the second part, we summarize the jurisprudence of the Constitutional Court in
foreign currency loan related cases and evaluate the argument of financial crisis
in these cases compared to others.
