EV Battery & Water Stress: Hungary’s battery boom is colliding with drought and falling groundwater, with CEPA warning the water-intensive manufacturing push is turning into an “unprecedented water crisis.” EU Funds Reset: PM Péter Magyar says Hungary has secured a historic deal in Brussels to unlock €16.4bn in frozen EU development money, including €2.2bn for universities/innovation, €4.2bn cohesion for transport and water management, and €10bn Recovery Fund support. Nuclear Reality Check: Analysis argues Central-Southeast Europe’s “nuclear renaissance” will hinge on delivery continuity and repeatable projects, not just reactor plans. Energy Diplomacy: The second day of the Baku Energy Forum opened as global leaders met on energy transformation, gas markets, efficiency and regional integration. Regional Power Links: Turkey and Azerbaijan discussed building an electricity corridor “like TANAP,” with major grid upgrades planned. Industrial Policy Signal: Hungary’s government reportedly won’t support further expansion of CATL’s Debrecen plant. Construction Safety: A four-storey industrial building collapsed in Székesfehérvár during demolition; one person was trapped and later removed with life-threatening injuries. Compliance Tech: SEON expanded AI capabilities for fraud prevention/AML, adding a way to connect to any external AI tool via an MCP server.