Today, record-breaking heat is being experienced, but the Danube water level has improved, exceeding Sunday’s low point by nearly 10 centimeters, and one block of the Paks Nuclear Power Plant is operational. A positive development is that Hungary will receive the guaranteed Danube water volume guaranteed in international agreements, while Slovakia is prepared to release some additional water. Many organizations across the country are continuing to conserve energy and water due to the heat. We can continue to follow the developments.
Mexico’s pension system has made significant progress in the past decade, but the task is not yet complete, according to Pablo Antolin, an OECD expert on pension issues, who spoke at the FIAP-WPA international seminar in San Jose. Antolin emphasized that the system must continue to adapt to changes in the labor market and technology in order to remain sustainable for future retirees, and that the global changes affect all pension systems.
The heat is becoming increasingly intense, so the national chief physician has issued a third-level heat warning, effective from Thursday at 0:00, while at the same time, service providers and local authorities are asking for a more economical use of water to prevent water shortages.
Based on the economic debates in Hungary over the past few years, it is easy to conclude that the state should not intervene in the selection of industries and companies for support. However, the OECD’s latest recommendations do not call for the complete abandonment of industrial policy, but rather for its rethinking, guided by the principles of small, open economies. We have assessed how the Hungarian model performs according to these five criteria.
The Serbian Ministry of Interior’s department for crisis management has issued a nationwide warning due to the expected strong and prolonged heatwave from Thursday.
Prepare for the most important gathering in the receivables management profession, the Receivables Management Trends 2026 conference, which will take place on September 15, 2026, at the Radisson Blu Béke Hotel. This eleventh event offers an excellent opportunity to learn about the latest market trends and regulatory changes. Don’t miss it! Visit the conference’s official website for the detailed program!
The minister announced that the government will tighten control over the operations of the Hungarian National Bank while maintaining the independence of the central bank. Two representatives of the ministry were recalled from the supervisory board of the MNB, and a bill is being prepared to reduce the salaries of members. Furthermore, they intend to expand the scope of control to include the central bank’s foundations and subsidiaries. The minister discussed this at a parliamentary session.
Based on the National Assembly’s decision on Tuesday, the National Asset Recovery and Protection Office will become an independent institution with broad powers, which will deal with the search and recovery of illegally acquired public assets. This step is one of the key measures taken by the Tisza government to fulfill its anti-corruption commitments to the European Union. In addition, the deputies voted on two sets of laws related to the use of EU funds.
According to US officials, the Trump administration will announce new import restrictions on advanced Chinese robots and power inverters. The measure aims to protect US artificial intelligence development from national security threats, and to bring key industries that are poised for explosive growth into the United States.
Following the Wednesday morning relief, an extremely strong heatwave will hit the country, which could bring temperatures of up to 40 degrees Celsius by the weekend. Due to the extreme heat and high average daily temperatures, HungaroMet has issued a highest, third-level red warning for three counties by Friday, as stated on the Időkép website.
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