Latest news in Hungary? September 2nd, 2026
02-09-2026
Foreign Policy & European Affairs
- Western Balkans EU Integration: At the Bled Strategic Forum, Foreign Minister Anita Orbán affirmed Hungary’s full backing for the European Union accession of Western Balkan nations, confirming the deployment of Hungarian experts to regional capitals to facilitate the accession process. Budapest Business Journal
- Support for Germany Against Hybrid Threats: Hungary expressed solidarity with Germany following German investigations into a suspected Russian sabotage and drone plot targeting cargo aircraft at Leipzig/Halle Airport, urging unified EU and NATO resilience against external security threats. The New Voice of Ukraine
- 2026 Budget Revision & Euro Target: Lawmakers received a comprehensively amended 2026 budget aimed at trimming the state deficit to 7.5% of GDP (down from an initially projected 8.3% gap), with the Ministry of Finance establishing deficit reduction as a key benchmark toward meeting Eurozone criteria by 2030. Budapest Business Journal
- Prescription Medicine Tax Cut: The reduction of the Value-Added Tax (VAT) on prescription medications from 5% to 0% came into effect, intended to ease healthcare living costs. Deloitte | tax@hand
- Q2 GDP Growth: The Central Statistical Office (KSH) confirmed Hungary’s GDP grew 1.7% year-on-year in the second quarter of 2026, driven by manufacturing and electronics, while being partially offset by drought-related declines in the agricultural sector. Xinhua