Orbán’s Last Walls Come Down: Hungary’s new PM Péter Magyar removed fencing around Viktor Orbán’s former Karmelita offices on Castle Hill, signaling a break with the old era and a push to reopen state spaces to the public. Media Reset: Reuters reports Orbán-linked media outlets are rapidly changing tone and leadership after the election defeat, with state media shifting even before Magyar took office. EU Sanctions Leverage: With Hungary dropping its veto, the EU moved to its first new sanctions package against individual Israeli settlers and groups since 2024—though how far Brussels goes now depends on other member states. Labour Shock Warning: Business groups are urging the Tisza government to rethink a planned halt to non-EU worker visas, warning it could strain firms in a tight labour market. MOL–NIS Deadline: Serbia will deliver its final NIS position to MOL by May 15, with MOL expected to decide May 18, as the Pancevo refinery’s future operation remains the key sticking point. Budapest Business & Life: Home prices rose 14.3% y/y in April, while City Park is gearing up for the Champions League final fan zone and festival logistics.