Hungary’s post-Orbán transition entered a more consequential phase this week as Moscow openly challenged the new government’s foreign-policy direction, warning that changes in Budapest’s relationship with Russia could put energy supplies under pressure. At the same time, disputes over Paks II highlighted just how difficult it will be for the Magyar government to reduce Hungary’s dependence on Russian energy while protecting its long-term energy security.
Domestically, the government’s new asset recovery office moved from political promise to practical operation, only to face controversy over the appointment of its leadership and questions from critics, including some within the Tisza camp. The institution could become one of the most powerful tools for investigating and recovering public assets transferred or allegedly misused during the Orbán era.
The week also brought a major economic signal: Hungary has set 2030 as its target for adopting the euro. But with the 2026 deficit still expected to reach 7.5% of GDP, achieving that goal will require a dramatic improvement in the country’s public finances.
Living, working or doing business in Hungary?
Make things easier with professional support in English. Explore Daily News Hungary’s Services in English and find the help you need.
Beyond politics and economics, this week’s Hungary Weekly Briefing by Daily News Hungary covers the latest developments surrounding the Gripen crash near Szolnok, Hungarian pilgrims missing after devastating floods in Nepal, the deadly explosion in Mohács, new ambassadorial appointments and Hungary’s changing foreign-policy strategy.
Read the latest Weekly Briefing for the stories shaping Hungary’s post-Orbán era, and the key developments to watch next:
Nice picture. It would be even better if they could put some horns on Putin’s head.