EU–Hungary Funds Reset: Péter Magyar heads to Brussels for talks with Ursula von der Leyen aimed at unlocking frozen EU recovery money, but diplomats warn expectations are low and rule-of-law “milestones” must be met by end of August or payouts slip. Industrial Safety & Public Health: The government orders reviews after a fatal MOL Tiszaújváros petrochemical plant explosion and also pushes asbestos contamination checks, with plans to expand public health monitoring. Energy & Water Pressure: Hungary faces a worsening water crisis tied to drought and heavy industrial demand, putting new leadership under immediate pressure to rethink supply and protect agriculture. EU Budget Fight: “Frugals” countries are trying to rebrand as “modernisers” in the next EU budget negotiations, while budget hawks clash with states seeking more for defence, competitiveness, cohesion and farm support. Manufacturing & Robotics Supply: Fortuna Metals expands precision manufacturing capacity for robotics and automation integrators, supporting everything from DFM design work to stamping and CNC machining. Auto Industry Watch: BYD unveils the Europe-focused Dolphin G DM-i plug-in hybrid, targeting a long combined range and a price push into Europe’s small-car market. Carbon Markets Scrutiny: A Bloomberg investigation flags questionable Chinese carbon-credit projects backed by European firms, raising concerns about offsets that may not deliver real emissions cuts.