Daily brief
Hungary's opposition leader Péter Magyar announced plans to travel first to Warsaw, then to Brussels to unlock EU funds, signaling a shift in foreign policy after Viktor Orbán's election defeat. Hungarian assets surged to record highs as markets welcomed the prospect of improved EU ties, with the forint jumping to a three-year high. Magyar also stated that Hungary will not block a €90 billion EU loan to Ukraine, reversing Orbán's previous stance.
Oil prices topped $100 a barrel amid fears of an Iranian blockade, while the forint surged on Hungary's election results.
A report indicated that Polish defense spending fails to boost GDP, while experts said Polish banks are key to economic security and their role in development must be strengthened.
MLP Group finalized the purchase of an investment plot near a Vienna railway station.
Hungary will stick with its veto on EU Israel sanctions following Orbán's election defeat, the outgoing government indicated.