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Energy crisis: record heat, slightly higher Danube, drying streams and ongoing energy and water conservation nationwide
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Energy crisis: record heat, slightly higher Danube, drying streams and ongoing energy and water conservation nationwide

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.

Latest Dispatches

A state of emergency has been declared in Southern Russia. makro-gazdasagpolitika

A state of emergency has been declared in Southern Russia.

Due to the time limit for the verdict, an emergency was declared in the city of Rostov-na-Donu, as announced by Alexander Skryabin, the mayor of the Rostov region, on Telegram on Sunday.

Portfolio.hu - Gazdaság
Spanish Prime Minister: It is difficult to comprehend the catastrophe we are experiencing. makro-gazdasagpolitika

Spanish Prime Minister: It is difficult to comprehend the catastrophe we are experiencing.

More difficult hours and hard work are expected, but the night passed positively in the central part of the country, where efforts to contain the forest fires were successful - this was stated by Spanish Prime Minister Pedro Sánchez at a press conference following his visit to the command center in Navaluenga on Sunday.

Portfolio.hu - Gazdaság
Long-awaited aid or Trojan horse? Opinions are divided on the EU's new plans makro-gazdasagpolitika

Long-awaited aid or Trojan horse? Opinions are divided on the EU's new plans

The European Commission’s reform plan, unveiled on July 17, regarding the EU Emissions Trading System (EU ETS) and the new electrification action plan, received mixed reactions. While the renewable energy sector and environmental organizations generally view the action plan positively, the reform of the EU ETS is viewed more critically, primarily due to concerns about jeopardizing climate goals. Some refer to the plan as a Trojan horse, believing that it could delay the greening of polluters. Following the announcement, the price of emission allowances rose to record levels.

Portfolio.hu - Uniós források
Difficult situation in Hungarian dairy industry: Bóna Szabolcs has taken immediate measures makro-gazdasagpolitika

Difficult situation in Hungarian dairy industry: Bóna Szabolcs has taken immediate measures

The ministry of agriculture and food under Bóna Szabolcs introduced significant, 70 and 100 percent interest support for dairy farmers and processors to ease the dairy market crisis. The aim of the measure is to quickly and effectively stabilize the liquidity and financial situation of the affected industry participants.

Portfolio.hu - Gazdaság
Tisza-government: Sonnevend Pal is the new candidate for constitutional judge, and it has been revealed when hospital infections will become known. makro-gazdasagpolitika

Tisza-government: Sonnevend Pal is the new candidate for constitutional judge, and it has been revealed when hospital infections will become known.

As a result of the Ministry of Interior’s review, the National Event Organizing Agency terminated a 1.5 million forint contract with the Lounge Group. The Tisza Party is nominating Sonnevend Pal as a constitutional judge, who will soon be elected by parliament. István Kapitány announced that a review of all state-owned companies will take place. Orbán Viktor speaks in an opposition role at Tusványos, according to new polls, Fidesz is at 19%, and the Tisza Party is at 74% among secure voters. The information is constantly being updated.

Portfolio.hu - Gazdaság
Hegedűs Zsolt announced: the draft related to the infection has been completed, and the implementation dates and expected elements are available. makro-gazdasagpolitika

Hegedűs Zsolt announced: the draft related to the infection has been completed, and the implementation dates and expected elements are available.

Starting from September, institutional data related to infections involving healthcare in Hungary will become publicly available, marking a significant milestone in increasing patient safety and creating transparency. This was announced by Health Minister Zsolt Hegedűs in a Facebook post. This article summarizes the key points of the 30-page professional document.

Portfolio.hu - Gazdaság
Janisz Varufakisz: Is there any chance left for the American catharsis? makro-gazdasagpolitika

Janisz Varufakisz: Is there any chance left for the American catharsis?

On the occasion of the 250th anniversary of the founding of the United States, I offer a different perspective, not based on the usual economic and geopolitical analyses. I choose a more emotional and personal approach, based on the Athenian perspective, to examine the United States’ role as a global hegemon. The United States’ development and decisions continue to have a profound impact on all of our lives, and it is worth understanding them from a new perspective.

Portfolio.hu - Gazdaság
Bathhouses and market halls could also become new tourist attractions in Budapest. makro-gazdasagpolitika

Bathhouses and market halls could also become new tourist attractions in Budapest.

Budapest’s famous thermal baths, Roman era landmarks, and other cultural sites are often neglected. To boost tourism, the city needs to take three main steps. First, it needs to improve the quality of existing services. Second, it needs to reopen and develop underutilized or closed sites. Finally, tourism needs to be expanded beyond the city center.

Portfolio.hu - Gazdaság
The largest investment in history is arriving in the war-torn Kuwait. makro-gazdasagpolitika

The largest investment in history is arriving in the war-torn Kuwait.

Blackstone, KKR and Brookfield have agreed to acquire a stake in Kuwait’s national oil pipeline network for $16 billion. This is the largest foreign investment in Kuwait’s history, made in order to raise capital to cover damages caused by Iranian attacks, as reported by the Financial Times.

Portfolio.hu - Gazdaság
How much does premium pricing increase the price of gluten-free products? makro-gazdasagpolitika

How much does premium pricing increase the price of gluten-free products?

In Hungary, special diets are no longer just a health issue, but also a consumer, retail, and food industry phenomenon. The increasing demand for special foods is driven by various circumstances and motivations. Patients with diagnosed conditions strictly follow special diets, while others who are seeking long-term solutions or approaching special foods from a lifestyle perspective are also interested in these products.

Portfolio.hu - Gazdaság