Auto & Policy: Hungary has launched an investigation into a major BYD investment deal negotiated by former foreign minister Péter Szijjártó after he quit parliament to join the Chinese EV giant, with PM Péter Magyar saying the probe will cover subsidies, tax breaks, permits, environmental exemptions and other state commitments. E-commerce Enforcement: Temu’s operator Whaleco Technology has started paying Hungarian consumers HUF 2,000 compensation each under a Competition Authority (GVH) settlement tied to unfair sales practices, after a HUF 437m fine. Food Manufacturing: Nestlé confirmed it will close its Miskolc chocolate figurines factory by year-end due to weaker demand, while continuing upgrades at other Hungarian sites. Energy & Industry Pressure: A Czech environment minister warned at the UN that Europe’s climate agenda could “crush” industry as firms shift production abroad. EU Carbon Rules: The European Commission proposed slowing parts of the ETS from 2031, offering longer free allowances tied to climate investment plans—sparking debate over whether it weakens the system. Water & Logistics: Record-low Danube levels are disrupting shipping and tourism, with impacts reported across the region. Construction Data: Eurostat showed Hungary’s construction output fell sharply in May (-6.4% month-on-month), while EU and eurozone figures were mixed.