What are the latest news in Hungary?
The latest key developments in Hungary include:
- Major Foreign Policy Shift: The new Hungarian government, led by Prime Minister Péter Magyar, officially designated Russia as a “threat” in a formal document published in late August 2026. This marks a clear pivot away from the Moscow-friendly policies of the previous administration, with the government explicitly condemning Russian aggression and reaffirming support for Ukraine’s sovereignty. Anadolu Ajansı———
- Energy and Climate Measures: Record summer heat and drought severely lowered water levels in the Danube River, temporarily threatening cooling operations at the Paks Nuclear Power Plant. Following emergency engineering and dredging works, the plant restored normal operations, and the government announced plans to introduce new national climate and water management laws to safeguard water retention.- Al Jazeera+ 1———
- Economic & Fiscal Adjustments: The Finance Ministry maintained a 7.5% of GDP budget deficit target for the year, citing inherited financial strains, energy market turbulence, and drought-related economic costs. -www.wam.ae——–
- Institutional and Anti-Corruption Reforms: The National Assembly advanced measures to reform state oversight, including nominating leadership for the newly established National Asset Recovery and Asset Protection Office (NVVH).- Earlier in August, parliament also confirmed former Supreme Court chief András Baka as the country’s new president. www.budapesttimes.hu———
- Loss of Renowned Author: Acclaimed Hungarian writer, essayist, and dramatist Péter Nádas passed away in late August at the age of 83.