Visegrad Group in May 2026: the most important developments in economy
The Visegrad Group economy in May 2026 was dominated by Hungary's relations with the European Union. On May 29 the European Commission agreed to unlock 16.4 billion euros in funds for Hungary that had been frozen over rule-of-law concerns. Earlier, on May 22, Péter Magyar pushed back on pension and tax reforms as talks on EU funding intensified. Hungary's new government announced a goal of adopting the euro by 2030.
Hungary also made moves involving Ukraine and energy. On May 6 it returned confiscated funds of Ukraine's Oschadbank, seized during a border detention, to Ukrainian authorities. On May 22 it reinstated its ban on Ukrainian agricultural imports. A ministerial nominee said Hungary plans to review the Paks nuclear plant expansion deal, while Rosatom said it hopes to speed up construction of Paks-2. Viktor Orbán promised to reveal the price Hungary pays for Russian gas, as did Magyar. An explosion at MOL's Tiszaujvaros petrochemical plant on May 22 killed one person.
In Poland, the prime minister called for cryptocurrency regulation after the collapse of a major exchange, and a central bank official said rates are expected to stay on hold for now with inflation higher. Iceye handed over four radar satellites to Poland. In the Czech Republic, the state considered selling the defence firm Explosia.
by WorldBrief & Maksim Micheliov | AI-generated summary
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