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The Visegrad Group undergoes a political realignment as Péter Magyar replaces Viktor Orbán in Hungary, while Robert Fico of Slovakia deepens engagement with Russia and Ukraine. Economic divergences emerge with EU funds flowing to Hungary and Poland outpacing East Germany, but security concerns mount as the US cancels troop deployments to Poland and Slovakia closes border crossings with Ukraine.
May 2026
Week of May 25, compared to 12-week average
broadly favourable toward new government
Hungary's economy receives a boost as the EU releases €16bn in frozen funds under the new Magyar government, but a fatal explosion at MOL's petrochemical plant and a review of the Paks-2 nuclear deal signal industrial risks. Poland pulls ahead as East Germany's catch-up falters, while Ryanair expands in Bratislava and Wizz Air plans a phased return to Tel Aviv.
Péter Magyar takes over as Hungary's leader after Orbán's departure, with his brother-in-law withdrawing as justice minister and Parliament affirming ICC membership. Robert Fico discusses Ukraine with Putin, conveys a message from Zelensky, and backs Ukraine's EU membership, while Poland's ex-minister Ziobro flees to the US.
The US Pentagon cancels deployment of an armored brigade to Poland, while the UK and Poland sign a defence treaty. Slovakia closes all border crossings with Ukraine over security concerns but pledges increased ammunition supplies, and a Russian drone accidentally lands in Romania, prompting NATO alert.
Hungarian police allow the Budapest Pride march, signaling a shift in societal governance under Magyar, while a Slovak lesson highlights how Fico weakened media independence. Poland cuts benefits for Ukrainian refugees, prompting Germany to brace for a new influx, and an antisemitism warning from a Hungarian director underscores rising societal tensions.