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HUNGARY: Hungary Bracing for Worst Flooding in More Than a Decade

HUNGARY
CEEMEAEM BulletBulletGlobalEmerging Market NewsHungaryRegion
  • As many as 1,400 soldiers are assisting flood protection efforts in Hungary, but the military is prepared to deploy as many service members as necessary, the defence minister said on Tuesday morning as per MTI. Prime Minister Viktor Orban canceled all international engagements, according to a post on X. Orban was due to present the presidency’s priorities to the European Parliament in Strasbourg on Wednesday.
  • Hungary faces deadline today to pay a EUR 200m fine imposed for violation of EU asylum policy.
  • Economy Minister Marton Nagy and Balazs Orban, a top aide to Prime Minister Orban, will speak at press conferences today – both scheduled to have begun at 08:00BST/09:00CET. There are no major economic releases scheduled for the entirety of this week.
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  • As many as 1,400 soldiers are assisting flood protection efforts in Hungary, but the military is prepared to deploy as many service members as necessary, the defence minister said on Tuesday morning as per MTI. Prime Minister Viktor Orban canceled all international engagements, according to a post on X. Orban was due to present the presidency’s priorities to the European Parliament in Strasbourg on Wednesday.
  • Hungary faces deadline today to pay a EUR 200m fine imposed for violation of EU asylum policy.
  • Economy Minister Marton Nagy and Balazs Orban, a top aide to Prime Minister Orban, will speak at press conferences today – both scheduled to have begun at 08:00BST/09:00CET. There are no major economic releases scheduled for the entirety of this week.