AGP Executive Report
Last update: 8 hours agoHungary’s energy push: The government plans to make nearly 1,000MW of new grid connection capacity available for wind, aiming to unlock at least 4,000MW by 2030 after stronger investor demand and eased rules. Tax overhaul: Finance Minister András Kármán says the new cabinet will scrap tax perks it links to the previous era, including KEKVA benefits and heritage-related allowances that he claims mostly benefited big Budapest firms. Rule-of-law watch: The European Commission’s rule-of-law report praises Hungary’s reforms but flags remaining risks in justice transparency and prosecutor-related safeguards. Politics at the top: President Tamás Sulyok signed the constitutional amendment ending his term, closing a standoff with the Magyar government; Magyar then nominated Judit Polgár as interim president. EU business climate: The EC report also highlights Bulgaria’s weak corruption prosecutions and low public trust in the judiciary. Labour debate: Hungary’s guest-worker dispute is intensifying as firms warn tighter rules could derail major investments, while critics argue it preserves a low-wage model. Housing recovery: Eurostat data shows European home sales rebounded in 2025, with Hungary up 17.3% year-on-year. Transport bottleneck: Danube low water levels are disrupting cruises and tourism, with ships stranded north of Budapest.
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