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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.
makro-gazdasagpolitikaAn extreme heatwave will hit Hungary next week. The heat will peak on Wednesday and Thursday, with temperatures reaching up to 41-42 degrees Celsius in some areas, making the Carpathian Basin the hottest region in Europe with the most significant difference from the long-term average, according to a HungaroMet Nonprofit Zrt. Facebook video.
makro-gazdasagpolitikaThe Rhine River level has dropped to 68 centimeters at Cologne due to prolonged heat and drought, reaching a historical low. The river’s decline threatens industries that depend on shipping and water transport.
makro-gazdasagpolitikaThe Duna river level continues to drop near Paks: on Sunday, at 16:00, the water level was measured at -134 centimeters. This level has reached the critical point, according to previous statements by Magyar Péter, at which the last operating unit of the nuclear power plant must be shut down.
makro-gazdasagpolitikaBy 2025, 27.5% of the EU’s population aged 16 or older will be unable to afford a one-week vacation away from home. This figure is approximately 40% in Hungary, placing the country among those with the worst situation. However, statistics over the past few years show a positive trend: the number of people who cannot afford to vacation due to financial reasons has decreased compared to 2010 and 2015.
makro-gazdasagpolitikaThe OPEC+ approved on Saturday an increase in crude oil production quotas of approximately 188,000 barrels per day from September, effectively ending the voluntary production cut agreed upon in 2023. However, the organization has not yet announced what the market can expect in the last quarter of the year.
makro-gazdasagpolitikaDue to the extreme drop in water consumption in recent days, daily water consumption has increased by more than 25 percent, which put a significant strain on the national network. However, thanks to the water conservation efforts of the population, the situation has been stabilized, according to a Facebook post by László Gajdos, the Minister of the Tisza Living Environment.
makro-gazdasagpolitikaSlovakia is ready to provide electricity to Hungary after the Duna River’s low water level and lack of cooling water are expected to cause the Paksi Nuclear Power Plant to shut down on Sunday, according to a Facebook post by Slovak Prime Minister Robert Fico.
makro-gazdasagpolitikaThe V-Bus in Veszprém will significantly reduce the use of electric buses. Starting Sunday, only three of the company’s eight electric buses will operate, and the remaining vehicles will be charged only during peak production times of the solar power plants.
makro-gazdasagpolitikaDue to the low water level in the Danube, power generation at the Paks Nuclear Power Plant will be completely halted today, which is unprecedented in the plant’s 44-year history. The shutdown is taking place under controlled conditions, and the safety of the plant is guaranteed. The next five days will be particularly important in terms of meeting import needs and reducing consumption among residents and businesses. More information can be found in Minister István Kapitány’s Facebook post.
makro-gazdasagpolitikaDuring the first half of the year, major auction houses reported record revenues, totaling nearly ten billion dollars. The prices of sold items increased, while record numbers of bidders appeared at white-gloved auctions, and sales rates reached decade-high levels. However, the closure of galleries indicates that the art market is out of balance, and the situation is far from stable.
makro-gazdasagpolitikaThe FŐKERT has developed a climate crisis scenario following the issuance of the ministerial decree on water restrictions. The organization has already shut down the forty waterfalls and fountains it operates, and will prioritize protecting young trees and valuable plant populations during irrigation, according to Dezsényi Péter, the CEO of FŐKERT.
makro-gazdasagpolitikaThe Romanian army is taking extraordinary measures to divert water to the Cernavodă nuclear power plant. Due to the historically low water levels, one of the plant’s blocks has already shut down, and the currently operational second block could be in danger within a few days.