MCC Brussels is exploring funding options after its parent organization, Mathias Corvinus Collegium Foundation in Hungary, was ordered to close by July 31. The Hungarian government's action impacts MCC Brussels' financial future, with communications head John O'Brien calling the situation "Kafkaesque."
Hungarian Prime Minister Peter Magyar is rapidly implementing reforms to dismantle Viktor Orban's 'mafia system,' lifting EU blockades, initiating dialogue with Ukraine, and passing anti-corruption laws. Key measures include abolishing public interest asset management foundations (KEKVA), reforming public media, and establishing an office for national asset recovery, aiming to unlock frozen EU funds.
Ukraine and Moldova officially begin the first phase of EU membership negotiations in Luxembourg, a symbolic step following their 2022 candidate status. This move, initially blocked by Hungary, signifies progress on rule of law and democracy reforms.
Ukraine and Moldova officially start the first phase of EU membership negotiations in Luxembourg. This symbolic step follows their candidate status granted in 2022 and overcomes previous blockages, marking a significant moment amid ongoing conflict in Ukraine.
Hungary's new government, led by Prime Minister Peter Magyar, has taken the oath of office before the national parliament.
Hungary's new government, led by PM Peter Magyar of the Tisza Party, is sworn in after winning April 12 elections, ending Fidesz's 16-year rule.
Hungary's incoming Prime Minister Peter Magyar announced the new Tisza government will review all contracts for the Paks II Nuclear Power Plant built by Russia's Rosatom, questioning why costs doubled from the initial €12 billion to €24 billion. The project, under a 2014 Russian-Hungarian agreement, has progressed extremely slowly, and the new leadership seeks to understand financing terms and potential restructuring options.
The Tisza leader rolled out first ministers and a 16-portfolio cabinet, dismantling Orbán’s centralized model.
