Overview
- Peter Magyar, who takes office in early May, met European Commission President Ursula von der Leyen and European Council chief António Costa on Wednesday to map the fastest path to release EU money, including about €10 billion that expires at the end of August without reforms.
- Magyar’s team plans a new recovery plan by the end of May and aims to meet 27 required milestones on clean public tenders, judicial independence, and academic freedom, leveraging Tisza’s two‑thirds majority to pass changes quickly.
- Hungary’s tax authority suspended several transfers linked to figures in Antal Rogán’s circle on suspicion of money laundering, and police said Tuesday they are investigating suspected concealment of illegally acquired assets.
- The incoming leader proposed early June talks with Ukraine’s Volodymyr Zelensky in Berehove to address the rights of ethnic Hungarians in Transcarpathia, a reset test after years of clashes over Kyiv’s language and education laws.
- EU officials signaled openness to a reset but no carte blanche, with possible next steps that include unfreezing recovery funds, approving sought‑after EU loans for defense, and clearing a path for Hungarian universities to rejoin Erasmus once changes take legal effect.