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Monday, 3 August 2026
The government is reviewing state support and guarantees linked to lending to companies, including those of the Hungarian Development Bank; this is one condition for EU recovery funds. Hungary's report for the UN human rights review was also adopted.
To meet the commitments needed to draw EU recovery funds, the government is reviewing state aid and guarantees supporting corporate loans. The aim is to significantly reduce state risk-taking and bring the level of state guarantees relative to GDP down to the EU average. The total 2026 ceiling for state counter-guarantees falls from HUF 12,800 billion to HUF 11,200 billion, effective 31 August 2026 at the latest. For Széchenyi Card MAX+ products the interest would be at the level of the 3-month BUBOR, and the guarantee would become optional. A report is prepared on MFB's state guarantees, and the government undertakes in a letter to the European Commission to implement the recommendations.
Weight: 3/3 · substantive · Concrete decision to be implemented (largest amount named about HUF 11.2 trillion).
The government approves Hungary's 4th national report for the UN Human Rights Council's Universal Periodic Review (UPR). The report states that it only presents measures taken under the previous government, which overall amount to very limited progress in meeting the recommendations. The new government's assessment and the steps launched since May 2026 will be presented at the report's hearing in Geneva in November 2026. The foreign minister must designate the head of the delegation by 31 October 2026.
Weight: 2/3 · partial · Orders preparation or a review; the final rule is still missing.
Issue no. 105 of the Hungarian Gazette (Magyar Közlöny) for 2026 appeared on 3 August and contains 2 items. One government resolution concerns reviewing and reducing state loan guarantees and subsidised loans. The other approves Hungary's national report for the UN human rights review. Each item is described separately on this page.
Weight: 1/3 · Gazette issue: the items in it are rated separately.