EU Recovery Update: The EU Council has approved Hungary’s revised €10bn recovery and resilience plan, but payments remain conditional on anti-corruption, procurement transparency and judicial-independence milestones, keeping a tight August-focused delivery pressure on Budapest. Health IT Policy: Hungary will grant a one-year grace period before electronic doctor referrals become mandatory, after officials said the system has been erratic and still needs IT development in many places. Asset Recovery Push: The government has submitted a bill to set up a National Asset Recovery and Asset Protection Office, designed to operate independently and focus on protecting EU funds and investigating public asset risks. Water & Tourism Risk: Severe drought is driving record-low water levels, with Lake Velence and the Danube under strain and local tourism facing major disruption. Public Media Overhaul: Hungarian public television has suspended its news service as part of a transformation aimed at restoring trust and independence. Cybersecurity & Finance: OTP Bank and BME will cooperate on cybersecurity training, research and recruitment, expanding Hungary’s digital security talent pipeline. Real Estate Lens: A district-by-district guide highlights where foreign buyers are looking in Budapest’s premium market, with prime prices concentrated in the inner core. Business & Academia: EY Debrecen Business Club focused on strengthening partnerships between companies and universities to support innovation and growth in Eastern Hungary. Energy Corridor: Capacity bookings for the Vertical Corridor exceeded expectations, and new countries are set to join the initiative, extending regional energy market integration.