AGP Executive Report
Last update: 11 hours agoMOL Legal Dispute: The European Commission is taking Hungary to court over its failure to stop MOL enforcing a $286 million arbitration award against Croatia in the United States. Biopharma Trade: South Korean biopharma exports to Hungary rose 28% to $920 million in the first nine months, contributing to record Korean shipments overall. Tax Plans: Hungary is preparing a wealth tax from 2027 on assets above $3.08 million; the country is also among 12 EU states that have introduced extra taxes on banks. Economic Picture: September inflation rose to 1.6%, while the general-government deficit stood near HUF 5.26 trillion. EU Relations: Hungary gave the green light to advance two clusters of Ukraine’s EU accession talks, following movement on minority education rights.
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