EU Ukraine Track: Hungary is signaling a potential breakthrough on EU accession talks for Ukraine and Moldova, with officials preparing to lift the veto on opening the first negotiation cluster; a Luxembourg conference on June 15 is set to discuss the initial framework, after Ukrainian assurances on minority rights. EU Military Funding: Budapest has ended its two-year blockade on the European Peace Facility, unlocking €6.6bn in immediate reimbursements for weapons supplied to Ukraine. EU Sanctions Push: The EU is racing to agree on a 21st Russia sanctions package by next week, with proposals targeting oil revenues, banks and the shadow fleet; Hungary previously blocked adding Patriarch Kirill. Macroeconomy: Hungary’s Q1 GDP volume rose 1.7% year-on-year, led by services (+2.3%) and stronger professional/technical activities. Trade & Services: Hungary’s services trade surplus climbed to €2.5bn in Q1 as exports and imports both grew, with EU partners still dominating. Forint & Housing Risks: The central bank warns of rising housing market risks while banks remain stable. Crime & Ports: Hungarian authorities seized a record 522kg of cocaine hidden in a banana shipment, with an estimated street value of 15bn forints. Business Tech: SnapSoft completed a cloud migration for ziggiz.ai, moving from Azure to AWS to scale AI and automation. Aviation Demand: Wizz Air’s expansion is driving passenger growth at Tallinn Airport, with Budapest among new routes.