Lyric discussion by sokorny 

As @timshanks1 mentioned it is reference to Elizabeth Báthory who was a countess in Hungary who murdered young girls and women and then bathed in their blood believing it would make her look young (stay young in appearance).

Lots of lines in the songs relate to this:

"old Hungarian skies" "Forever young, Elizabeth Báthory in the castle of your death" "Her acts of cruelty and her lust for blood" "Our ancient countess was refused her desires will To bathe in pure fresh blood She'd peasant virgins killed"

Not sure how to take some of Ghost's lyrics. Are they literally agreeing with her actions? Simply recollecting an historical account? Being satirical?

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