[New] Hungary is part of the China-Europe Railway Express network, while the modernization of the Budapest-Belgrade railway is expected to strengthen trade links between Asia and Europe.
China Daily Global
Budapest says it will not approve any EU support for Ukraine that requires unanimity, including sanctions against Russia, until Kyiv removes a Hungarian bank from its list of international war sponsors.
Euronews.com
Guatemala is moving forward with a Cybersecurity Law (Initiative 6347) and potential alignments with international frameworks like the Budapest Convention, which will increase regulatory certainty and compliance standards.
Roza.Pace@trade.gov
Budapest will use its veto power in the European Council if necessary.
Big News Network.com
In 2017, Budapest launched the Zrinyi 2026 modernisation programme, which was aimed at replacing its Soviet-era weaponry with modern systems, and increasing Hungary's defence expenditure to 2% of GDP by 2024, to be in line with NATO spending targets.
European Security & Defence
Budapest Airport handled 12.2 million passengers last year, representing a 75% recovery compared to pre-pandemic levels in 2019, and traffic is expected to top 14 million in 2023.
Routes
A loss in Budapest could energize democratic forces far beyond Hungary.
Kettering Foundation
Last updated: 16 July 2026
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