AGP Executive Report
Last update: 8 hours agoDigital Payments: Pay10 Secures Electronic Money Institution license in Hungary, launching the Pay10 App with “Scan & Pay”, domestic/international transfers and everyday financial services. EV & Charging Infrastructure: Mastercard’s Agent Pay brings AI-assisted payments to Hungary as K&H prepares systems to process transactions initiated by authorised AI digital assistants. Auto Market: New car registrations in Hungary rose 13.3% in H1 to 74,905; EV registrations jumped 43.7% (7,498), while plug-in hybrids doubled to 5,653. Energy & Grid: Energy tenders worth over HUF 500bn target electricity grid and smartmeter upgrades to connect more renewables; Hungary also plans a new pollution watchdog for EV battery makers. EU Industry Policy: EU ETS revenues are set to inject €2.5bn into clean energy projects across 11 states, with Hungary among beneficiaries. Agriculture: Rural and agricultural subsidies total HUF 488bn in Q1, supporting crop production, animal husbandry and horticulture. Food Safety: A salmonella outbreak linked to flavoured instant noodles has sickened 106+ people across 14 countries, including Hungary. EU Accession Talks: Hungary agreed to open the next EU negotiation cluster for Ukraine and Moldova, starting 14 July, after earlier resistance.
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