Latest news in Hungary? September 27th, 2026

Economic & Tax Policy The Hungarian government announced plans to introduce a 1% wealth tax targeting the country’s highest earners and wealthiest individuals, slated to take effect next year.

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EU & Defense Financing The European Commission confirmed that Hungary has formally downsized its loan request under the EU’s Security Action for Europe (SAFE) defense fund to €5.4 billion. Hungary was originally allocated over €16 billion, and discussions with Brussels remain ongoing regarding the revised spending plan.

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Energy & Regional Relations Hungary’s energy group MOL and Ukraine’s Naftogaz finalized an agreement to develop strategic fuel-storage facilities near the Hungarian-Ukrainian border. The initiative aims to create a secure fuel reserve outside the reach of attacks on Ukrainian infrastructure as Budapest balances its broader regional energy diversification efforts.

Hungarian Conservative

Sports In the UEFA Nations League group stage, Hungary’s national men’s football team lost 1–0 against Ukraine in Budapest on September 25 and is preparing for its next match against Northern Ireland in Belfast on September 28.