The Hungary reset: Magyar in Brussels chasing EU funds

The power shift in Budapest hasn’t happened yet — but Brussels is already engaging with what comes next.

Péter Magyar arrives in Brussels as Hungary’s incoming prime minister, skipping the usual waiting period and heading straight into talks with Commission President Ursula von der Leyen. His aim: unlocking billions in EU funds frozen over rule-of-law concerns. Zoya Sheftalovich and Sarah Wheaton walk through the early reset between Budapest and Brussels — and the risks that come with moving this fast.

In the European Parliament, MEPs debate how Russia is quietly edging back into global sports and cultural life. From the Olympics to the Venice Biennale, restrictions are softening — raising questions about what “neutral” participation really means during a war.

Finally, a new snapshot of climate change’s effect on Europe. A major scientific assessment finds almost the entire continent saw above-average temperatures last year, alongside heatwaves, drought and wildfires. Scientists warn a new El Niño could push extremes even further — and sooner than expected.

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