Prime Minister Péter Magyar's government has agreed to allow the European Union to open negotiating chapters on internal markets and fundamental rights with Ukraine and Moldova. The decision follows new minority language protections adopted by Ukraine's parliament and marks a shift in Budapest's position on EU enlargement.
Hungary Faces Energy Emergency as Danube Drought Disrupts Paks Nuclear Power Plant
Exceptionally low water levels on the Danube have restricted cooling capacity at Hungary's Paks nuclear power station, forcing a partial shutdown. Authorities have ordered non-essential lighting switched off in Budapest and other major cities to conserve electricity and reduce the risk of power shortages.
Hungary Joins European Public Prosecutor's Office as Major Corruption Investigations Loom
Hungary's new government has formally joined the European Public Prosecutor's Office, clearing the way for investigations into suspected misuse of public funds. European Chief Prosecutor Laura Codruța Kövesi says the agency plans to begin criminal inquiries and asset recovery operations in Hungary next year.
Hungary Cancels Long-Term Motorway Concessions and Opens Criminal Investigation
Prime Minister Péter Magyar's government has terminated major private motorway operating agreements, citing suspected financial irregularities and unfavourable terms for taxpayers. Authorities have also opened criminal proceedings concerning the original concession arrangements.
Hungarian Parliament Advances Constitutional Amendment Limiting Prime Ministers to Eight Years
Hungary's parliament is advancing a constitutional amendment that would limit prime ministers to eight years in office. The proposal, introduced by the governing Tisza Party after Viktor Orbán's 16-year tenure, aims to restrict prolonged concentration of political power and strengthen democratic safeguards.
Hungary Lowers Judicial Retirement Age in Controversial Constitutional Court Overhaul
Hungary's government has introduced legislation requiring several Constitutional Court judges to retire earlier under revised age limits. The changes form part of a broader judicial restructuring but have raised concerns over the removal of judges appointed under the previous Fidesz administration.
Hungary Dissolves 16 Public Asset Foundations and Returns State Property to Government Oversight
Prime Minister Péter Magyar's administration has dissolved 16 public-interest asset management foundations established under the previous government. The restructuring returns billions of euros in previously transferred state assets to central oversight as authorities review how public property was managed.
Hungary Establishes National Asset Recovery Office to Investigate Suspected Misuse of Public Funds
The Hungarian government has created a new agency to trace and recover public assets allegedly transferred to private entities under the previous administration. Working with independent prosecutors, the office is seeking to identify potentially recoverable funds worth billions of euros.
Former Hungarian Foreign Minister Péter Szijjártó Investigated Over Russia Contacts and BYD Links
Hungarian authorities have opened an investigation into former Foreign Minister Péter Szijjártó over allegations that he shared sensitive European Union meeting information with Moscow during the 2026 election campaign. Investigators are also examining his subsequent involvement with a role connected to Chinese automaker BYD's manufacturing project in Szeged.
Russia Expels Hungarian Diplomats as Relations With Budapest Deteriorate
Moscow has expelled several Hungarian diplomatic staff members following investigations by Hungary's new government into suspected Russian influence networks. The expulsions signal worsening relations between the two countries as Budapest adopts a more confrontational approach towards Moscow.
Former Hungarian Culture Minister Arrested on Alleged Fraud and Misappropriation Charges
Hungarian anti-corruption authorities have detained a former culture minister on suspicion of fraud and misuse of state funds. The arrest is part of a wider investigation into alleged financial misconduct involving officials from the previous administration.
Hungarian Prosecutors Identify Five Suspects in Investigation Into State Fund Transfers
Hungary's Central Investigation Chief Prosecutor's Office has identified five suspects in a case involving controversial financial transfers described as the gold convoy. Defence Minister Romulusz Ruszin-Szendi has called on former Prime Minister Viktor Orbán to explain his role in the transactions.
European Commission Blocks €43 Million Hungarian Subsidy for GKN Automotive Plant
European Union competition authorities have rejected a proposed €43 million state aid package for GKN Automotive's planned factory in northern Hungary. Regulators concluded that the nearly 16 billion forints in subsidies were not essential to the company's decision to invest in the region.
Hungarian Inflation Falls to 1.6% in September as Food Prices Ease
Hungary's annual consumer price inflation slowed to 1.6% in September, with prices rising just 0.2% from August. Lower food costs contributed to the improvement, offering some relief to households after several years of sustained cost-of-living pressures.
Péter Magyar's Tisza Party Maintains Strong Polling Lead Over Fidesz
Hungary's governing Tisza Party continues to lead national opinion polls despite the challenges facing Prime Minister Péter Magyar's administration. The party remains ahead of former ruling party Fidesz and other opposition groups as the government pursues economic and institutional reforms.
BMW's Debrecen Factory Moves to Round-the-Clock Production as Hungary's EV Industry Expands
BMW has moved its Debrecen manufacturing facility in eastern Hungary to continuous production across three daily shifts. Nearby Chinese battery manufacturer CATL is also expanding its workforce and preparing an automated logistics centre to support the region's growing electric vehicle supply chain.
CATL Secures Occupancy Permit for First Phase of Debrecen Battery Factory
Chinese battery manufacturer CATL has obtained a key occupancy permit for its industrial complex in Debrecen, eastern Hungary. The approval allows the company to proceed with final preparations for its first building as it develops battery manufacturing capacity for the European electric vehicle market.
BYD's Hungarian Electric Vehicle Factory Faces Possible Delay Until 2027
Industry reports suggest that the opening of Chinese automaker BYD's planned manufacturing facility in Szeged could be postponed until next year. A delay would affect the company's European production timetable and the development of associated automotive supply chains.
Chinese Chemical Manufacturer KunlunChem Abandons Planned Factory in Hungary
Chinese industrial supplier KunlunChem has withdrawn plans to establish a manufacturing facility in Szolnok, central Hungary. The cancellation reflects changing investment priorities and uncertainty surrounding parts of Europe's electric vehicle battery supply chain.
Japanese Automotive Supplier Fujikura Announces More Than 300 Job Cuts at Hungarian Plant
Japanese automotive components manufacturer Fujikura has confirmed plans to eliminate more than 300 positions at its facility in Dés. The reductions come as suppliers face changing demand and growing competitive pressure across the European automotive industry.
Hanon Systems Workers End Hungarian Factory Strike After Reaching Wage Agreement
Employees and management at automotive supplier Hanon Systems have reached an agreement on pay increases, bringing a disruptive factory strike to an end. The settlement allows production to stabilise at a facility serving the regional vehicle manufacturing industry.
Hungary Introduces Subsidies to Move Commercial Freight From Roads to Railways
Hungary's Transport Ministry is launching financial incentives to encourage businesses to move freight shipments from highways onto the railway network. The programme aims to reduce road congestion and transport emissions while making rail freight mor