AGP Executive Report
Last update: 7 hours agoEU Recovery Funding: The EU Council has approved Hungary’s revised Recovery and Resilience Plan, unlocking up to €10bn (about €6.5bn in grants and €3.5bn in loans), with disbursements tied to milestones and targets and a renewed focus on anti-corruption, procurement transparency and stakeholder involvement. Rule-of-Law Watch: The big business question remains whether Budapest has fully cleared Brussels’ rule-of-law and reform hurdles, since approval doesn’t automatically mean money is released. Energy & Infrastructure: Bulgaria and Greece are pushing a joint plan to speed up Southeast and Central Europe energy-market integration, while regional gas corridor talks include Hungary and aim to accelerate the Vertical Gas Corridor. Logistics & Investment Climate: A proposal to tax UK warehouses sparked warnings about supply-chain offshoring—pointing to incentives in countries like Poland and Hungary as potential magnets for logistics investment. Regional Politics: Hungary’s links with Serbia were reaffirmed in Rome, with emphasis on trade growth and joint infrastructure and energy projects.
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