Energy & Climate Risk: Hungary is preparing emergency measures for Paks as record-low Danube levels threaten cooling capacity, including sinking two 80-metre barges and building a temporary river barrier; officials say one turbine could be forced offline if water drops further, while Romania has already shut its last reactor due to the same drought pressure. EU Funding & Infrastructure: Transport minister Dávid Vitézy says Hungary is pushing to recover the full €10bn EU recovery fund, with projects tied to milestones due by 31 August and motorway concession reviews underway. Banking & Markets: The National Bank of Hungary reports July changes in external assets, citing EUR bond issuance, forint moves, and shifts in swap liquidity. Rule of Law & Politics: Hungary’s prosecutor general says the seizure of Fidesz opposition servers was unlawful in how it was carried out, framing it as an overreach. Geopolitics & Energy Trade: EU Russian LNG purchases rose sharply in June, with Belgium the biggest buyer, while Hungary remains a major pipeline gas importer. Startup & Investment: Chinese high-performance motorcycle maker ZXMOTO secured a new funding round with Sequoia China investing 150m yuan at a ~6bn yuan valuation. Tourism & Culture: Sziget Festival says it drew visitors from 112 countries, with about half of attendees coming from abroad.