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The Latest Breaking News from Peter Magyar

Hungary PM Magyar flags 'critical' days ahead with looming nuclear shutdown

Hungary faces a critical five days as the Danube's low levels force its nuclear plant shutdown. The Paks power plant will cease generation amid a looming 40-degree Celsius heatwave. This situation places enormous strain on the power grid and public services. Water level drops have disrupted shipping and tourism across…

The Economic Times

Hungary shut its only nuclear plant for the first time in 44 years after the Danube fell too low to cool its reactors; nearly half its electricity supply is now affected

Hungary's sole nuclear facility has been offline due to unprecedentedly low levels of the Danube River. This shutdown exacerbates power shortages amid a fierce summer heatwave, prompting the government to urge both households and businesses to conserve energy. Consequently, Hungary must depend on costly electricity imports from neighboring countries, highlighting…

The Times of India

Life after Orban: Hungary Inc. digs in as new political era takes hold

Hungarian business magnates are shifting operations to smaller projects. This change follows a new government's move to end alleged cronyism. Firms linked to the former ruling party face a more competitive landscape. Some companies may not survive the significant corporate shake-up. Investors anticipate a market-friendly environment under the new premier.

The Economic Times

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No evidence Hungary corruption probe breached rule of law, say experts, contrary to Orbán claims

Conflicting claims have emerged in Hungary about why a data centre linked to former PM Viktor Orbán's Fidesz party was raided as part of a wider corruption investigation. The Cube takes a look.

Euronews

Hungary prosecutors raid data servers of Viktor Orban's Fidesz, party says

Hungary's former ruling Fidesz party said prosecutors "showed up unannounced" and raided its data servers on Tuesday. The claim comes as Prime Minister Peter Magyar presses ahead with anti-corruption reforms following his landslide election victory over Orban in April.

France 24

Chess legend Judit Polgar rejects offer to become Hungary's president

Until a successor is elected, the Speaker of Parliament, Agnes Forsthoffer, is serving as interim head of state. Parliament must elect a new president within 30 days.

Euronews

Hungary PM proposes former chess champion Judit Polgar for president

Hungary's prime minister has proposed former chess grandmaster Judit Polgar for president, a position that will become vacant following last week's constitutional amendment.

Radio France Internationale

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Hungary PM Magyar proposes chess grandmaster Judit Polgar for president

Hungarian Prime Minister Peter Magyar will meet with former chess champion Judit Polgar on Monday to ask her if she will serve as the country's next president. Hungarian lawmakers last week passed an amendment removing the current president from office after Magyar accused him of being a "puppet" of former…

France 24

Viktor Orbán is gone, but scores of public monuments show the potency of his legacy and Hungarian nationalism

When newly elected Hungarian Prime Minister Péter Magyar delivered a June 4 address to mark Hungary’s Day of National Unity, he did so facing a long stone trench known as the Monument of National Unity. The memorial pays homage to the Treaty of Trianon in 1920, which formally ended Hungary’s…

The Conversation

EU scales back Ukraine's accession timetable due to Hungarian resistance

Faced with renewed resistance from Hungary, the EU has been forced to change plans and now aims to unblock two, rather than five, accession clusters with Ukraine and Moldova before the summer break.

Euronews

PM Magyar moves to oust Hungary president, Orban allies

Hungarian Prime Minister Peter Magyar has announced a shake-up of the top ranks of state institutions and a constitutional amendment to remove the president.

AAP

EU moves Ukraine's membership bid forward, but tough road ahead

The European Union has officially started membership talks with Ukraine and Moldova. This is a major political and moral boost for Ukraine. However, full membership is still a long way off. Ukraine faces a huge task to align its laws and institutions with EU standards. Some leaders suggest alternative arrangements…

The Economic Times

Ukraine enters first phase of EU membership negotiations – but the process will be long

The EU on Monday is set to move Ukraine's bid to join the bloc to the next stage after a long delay caused by Hungarian vetoes – but that doesn't mean Kyiv's path to full membership is getting easier.

France 24

Hungary’s former PM Orban retains grip on Fidesz after election setback

Viktor Orban has once again claimed leadership of the Fidesz party, following a disappointing loss that marked the end of his lengthy 16-year reign in Hungary. With overwhelming support from delegates, Orban pledged to forge a stronger, more dynamic opposition in the wake of Prime Minister Peter Magyar's pro-Western Tisza…

The Times of India

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The Independent UK

Hungary’s missing €3.5 billion – and the move to investigate Orban’s inner circle

IN FOCUS: Viktor Orban’s popularity is still in freefall even after his landslide election loss in April. But as further corruption allegations emerge in a mysterious case of a missing €3bn, his legacy may be dead and buried. Alex Croft reports

France 24

Ukraine's EU accession bid gains traction as Hungary lifts veto

The European Union will resume membership negotiations with Ukraine on Monday after Hungary's new government lifted a long-standing veto imposed by former prime minister Viktor Orban. EU leaders said all member states had agreed to open the first phase of accession talks with Ukraine and Moldova, marking a fresh show…

France 24

LGBTQ rights in Hungary: 'We are very hopeful that changes will be made'

The election of the Hungary's new centre-right prime minister, Peter Magyar, in April marked a particularly stinging defeat for Viktor Orban, whose government was widely regarded as one of the most anti-LGBTQ in the EU. Rights advocates expect legal changes but wonder about the timeline Magyar will adopt as the…

The Times of India

Charity begins at home: Hungary lawmakers vote unanimously to cut salaries by 40% in rare show of political austerity

Hungary's parliament has unanimously slashed lawmakers' salaries by 40%, a move championed by Prime Minister Peter Magyar to curb spending and mend public finances. This significant pay cut, effective next month, also impacts other high-ranking officials and allowances, fulfilling a key reform promise. The government aims to stabilize its economy…

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The Independent UK

Ukraine-Russia war latest: US clears aid worth $8bn for Kyiv as Zelensky offers to meet Putin to end war

Crucial aid bill for Kyiv cleared as Trump says would be great if Zelensky and Putin meet

Radio France Internationale

Macron to meet Hungary's PM Magyar to discuss Ukraine, European defence

Hungary's new Prime Minister Peter Magyar meets French President Emmanuel Macron at the Élysée Palace on Wednesday, as the two leaders look to strengthen European support for Ukraine following the end of Viktor Orbán's 16-year rule.

Euronews

Magyar teases imminent deal on Hungarian minority to lift veto on Kyiv's EU accession

Magyar says he is "very optimistic" about a deal on minority rights in Ukraine after years of political impasse. An agreement between Budapest and Kyiv on the delicate matter would allow for EU accession talks to begin.

France 24

Hungary’s Magyar threatens constitutional amendment if Orban-appointed president refuses to resign

Hungarian Prime Minister Peter Magyar on Monday threatened legal action and said the government would use its two-thirds parliamentary majority to amend the constitution to force President Tamas Sulyok from office. Sulyok, who was appointed under former prime minister Viktor Orban, has refused to resign before his term ends in…

Radio France Internationale

EU unlocks €16bn for Hungary, as new PM Magyar presses on with reforms

European Commission President Ursula von der Leyen said on Friday the European Union would unlock more than €16 billion in funding for Hungary, as she praised early progress on reforms under the country's new leadership.

France 24

EU to unlock €16 billion for Hungary as Magyar pushes ahead with post-Orban reforms

The European Union will unlock more than €16 billion in frozen funds for Hungary, EU chief Ursula von der Leyen said Friday, praising what she described as "long overdue reforms" by newly elected Prime Minister Peter Magyar. The EU had frozen the funds while the country was under the leadership…

Radio France Internationale

Hungarian PM Peter Magyar seeks release of frozen EU funds in Brussels talks

Hungary’s Prime Minister Peter Magyar will meet European Commission President Ursula von der Leyen in Brussels on Friday in his first top-level talks with EU leaders since his election victory in April, as he seeks to unlock billions of euros in frozen EU funds.

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