AGP Executive Report
Last update: 6 hours agoEU Recovery Funds: Hungary says it has met all conditions to unlock the full €10bn from the post-pandemic Recovery and Resilience Facility, with the August 31 deadline passed after 27 “super milestones” and 100+ legal changes tied to anti-corruption and judiciary reforms. Energy & Water Resilience: As drought bites, Budapest reports power and water restrictions have been lifted from Sept 1 and highlights energy savings by transport operators; the wider Danube low-water crisis is also linked to reduced hydropower and strain on generation. Nuclear Power Update: A separate report says Paks is back to full nominal capacity after Unit 4 ramp-up, ending the worst of the low-water production squeeze. Industry & Logistics: A Hungarian logistics note flags Neele-Vat moving 1,000 tonnes of project cargo from China to Hungary, underscoring ongoing cross-border supply flows. Regional Trade: Turkey’s trade with the Organization of Turkic States and observer countries (including Hungary) rose to about $10bn in early 2026, pointing to continued growth in regional transport and logistics corridors.
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