AGP Executive Report
Last update: 10 hours agoConstitutional Overhaul: Prime Minister Péter Magyar submitted a 17th amendment to Hungary’s Basic Law, aiming to end the current president’s mandate, reshape the Constitutional Court, set a 70-year age limit, and tighten rules around MPs and institutions—sparking sharp warnings from Fidesz that it would “behead” the court and make “anything… possible.” Digital Payments: Pay10 secured an electronic money institution license in Hungary and is rolling out the Pay10 App, a digital wallet for “Scan & Pay,” transfers, and everyday financial services. EU Accession Talks: Hungary moved to unblock further clusters in Ukraine’s EU accession negotiations, while also backing steps toward foreign-policy talks with Ukraine and Moldova. Heatwave Fallout: France confirmed record heat-related excess deaths, underscoring the wider Central European pressure on energy and water systems. Business & Growth: AutoWallis will retain nearly HUF 5bn in 2025 after-tax profit to fund its regional expansion strategy. Sports Spotlight: Hungary’s World Cup and Wimbledon coverage continues, alongside Hungary-linked FIBA 3x3 results and major European sports updates.
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