Magyar Királyság
Kingdom of Hungary
Király
King
Ottó II István von Habsburg
Heir: Archduke Felix (Brother)
Queen: Unmarried
Kancellár
Chancellor
Miklós Horthy
Miniszterelnök
Prime Minister
Count Pál Teleki de Szék
“Do you, Ottó István Ignatius Pius von Habsburg, swear, until your dying breath, to keep and protect the Hungarian constitution?” Droned Miklós within the House of Magnates in the Parliament.
“I do.” Came a quick response from the lips of Otto, his brow sweating under the heat that the lights inflicted upon his Germanic pale flesh.
“Do you, Ottó István Ignatius Pius von Habsburg, swear, until your dying breath, to protect and cherish the Hungarian homeland of which you are considered Apostolic King?”
“I do.”
“Do you, Ottó István Ignatius Pius von Habsburg, swear, until your dying breath, to uphold the Sacred Faith that unites the Hungarian people under the worship of God?”
“I do.”
With those final words the representatives within the House stand up, clapping, some more enthusiastic than others as Otto, officially, becomes the Apostolic King of Hungary.
Economy:
With the price of grain rather low because of the Great Depression and the Market Crash, Teleki looked for ways to improve its situation. Free trade deals with France and Britain, for cheap grain products, are sent out. This move is hoped to be particularly popular within the Smallholder’s faction in the Party of Unity.
Money ceases to be printed so that inflation stops rising. The government hopes that the Pengö’s value will stabilize. [Mod]
Special economic zones nearby Budapest, Debrecen, and Pécs are created. Therein certain laws that might restrict factories and industry from popping up are waved. Teleki hopes for a quick re-industrialization of the country to alleviate the growing poverty rates within the cities. [Mod]
Additionally, members of the wealthy Krupp family are invited to come to Hungary. Since Germany turned communist Hungary hoped to capitalize off this and offer the Krupp a stately house as well as large plots within those economic zones to re-setup their companies within Hungarian soil. [Mod]
Military:
Horthy recognizes that the current situation that Hungary is in is precarious. To the north two great behemoths of Communism. The Royal Hungarian Army only numbers at around 87.000 men, which, Horthy and Ottó, considered lacking. New incentives to make the unemployed (~28%) join the army are made, this would eliminate unemployed men causing crime and bolster the army. [Mod]
Hungary would request to buy around 300 Renault R35 tanks from France in order to modernize its armored divisions.
Constitution:
With the ascension of Otto to the throne, the current constitution would replace the Regent (Horthy) with the King. The military, of course, wouldn’t be happy with this, thus a constitutional amendment was made. Horthy would assume the title of Chancellor (as well as Duke of Kenderes), and while the King’s word could override Horthy’s it was clear to Ottó that doing so would likely mean losing his throne for the second time. Besides this, not much else changed and the Status Quo was maintained, for the time being at least.
Diplomacy:
Closer relations with Poland and France are sought after, but Poland especially. State visits would be planned and general gestures of friendship are given from Budapest to Warsaw. [Mod]
Budapest wishes to reinstate its power over the Balkans and the Crown of Stephen. Pro-Hungarian rhetoric would be passed to the Hungarians living under Romanian and Czechoslovakian domination. [Mod]