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Week of October 19

2026-W43
Oct 19 – October 25, 2026
FINAL
Last update October 23, 2026
COUNTRIES IN THE NEWS
  • Serbia
  • United States
  • France
NEWS LANGUAGE

Hungarian court to rule on Matolcsy detention at 9 a.m. on October 23

Hungarian police detained Matolcsy György, former governor of the Hungarian National Bank, and searched his home in a probe connected to the central bank, seizing several items. The prosecution service spoke publicly about the MNB case after the detention. A court will decide on October 23 at nine in the morning whether Matolcsy is to be held in arrest.123

The ruling falls on the anniversary of the 1956 revolution. Matolcsy's son, Matolcsy Ádám, has not turned himself in, and his failure to do so worsens not only his own position but also his father's, according to Forbes Magyarország.34

Lawyer Bárándy Gergely said Matolcsy could face as much as twenty years in prison, a term Economx described as a very long lock-up for the former central bank chief.5

Toroczkai summons general Tomin over claim she relayed a political order to close the Völner case

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

Former chief prosecutor Fürcht Pál told a parliamentary committee investigating enforcement proceedings that his superior, General Tomin Szilvia, passed on an order from above that nothing could come of the Völner-Schadl case. He said the instruction was that the preparatory proceedings concerning Völner had to be closed, and described it as coming from his superiors rather than from inside the prosecution service.123

Fürcht also said the idea of involving then-justice minister Varga Judit as a secret cooperating party had come up during the proceedings. In his testimony he named a surname, and the committee session was described as a historic hearing for the former chief prosecutor.432

Toroczkai said he will have General Tomin summoned to the committee over the political-pressure warning she is said to have given Fürcht, and the Völner-Schadl case is again under scrutiny.156

Attributed claim: Világgazdaság, a pro-government outlet, reported that Fürcht refuted almost all of Magyar Péter's claims: Varga Judit knew nothing about the Völner case, and Rogán and his circle did not visit the prosecutor's office, according to the former chief prosecutor. Klubrádió, an oppositional outlet, carried Hegedűs's argument that Fürcht's account of Tomin Szilvia does not hold up.78

Hungarian police detain former central bank chief Matolcsy György in MNB probe

Police detained Matolcsy György, the former governor of the Hungarian National Bank (MNB), and searched his home in a probe connected to the central bank. Several items were seized at the former central bank chief's property. The operation was described as a raid in the MNB case.123

Matolcsy does not intend to make a confession, according to reports on the search. Magyar Péter commented on the detention, saying that "Orbán Viktor's former minister has been taken into custody."456

The spokesman for Orbán Viktor and Fidesz also responded to the detention of Matolcsy György.7

One commentary described Matolcsy's fall in terms of the lost character of public funds and what it called "the biggest bank robbery."8

UPDATES

· New development

Prosecutors are seeking the arrest of Matolcsy György, the former governor of the Hungarian National Bank, following his detention in the MNB case.9

International arrest warrants have been issued in the MNB case, and Matolcsy's son is being sought.10

Hungary takes magyarorszag.hu offline for 48 hours over severe PHP vulnerability

Hungary shut down the government portal magyarorszag.hu and several other government websites for 48 hours because of a severe IT security risk, and administrative services were suspended while the sites were down. The shutdown followed the disclosure of two extremely serious vulnerabilities in the PHP programming language, for which emergency patches have since become available.1234

Tanács Zoltán warned of a danger on a global scale from the flaws, saying the vulnerabilities are extremely serious and that attacks began immediately after disclosure. Most websites are affected by the fault, and sites remained at risk even after the first countermeasures.5678

The flaw was found with the help of artificial intelligence, and the resulting attacks prompted the takedown of government sites.9

Coverage of the incident ran across outlets of both camps without a factual split: pro-government Portfolio.hu and Forbes Magyarország reported the global warning and the suspended services, while oppositional Telex, 24.hu and Index.hu reported the same shutdown and the severity of the vulnerabilities.53627

Hungarian unemployment stops rising in September but long-term joblessness grows, KSH data show

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

Hungary's unemployment rate stopped rising in September, but the number of people who remain without work for long periods continued to grow, according to the latest KSH figures. The labour market data show employment falling and unemployment rising over recent months.123

The figures point to a labour market that is not functioning normally, with jobseekers needing up to 12 months to find work at home. Analysts also note that many open positions remain unfilled while large numbers of jobseekers are effectively shut out of the market.34

Women and young people are bearing the cost of the deterioration, one account of the KSH data states.5

Attributed claim: The September figures are contested between outlets. Telex reported that employment rose in September, while hvg.hu and Világgazdaság reported that the number of employed fell and unemployment climbed over recent months; Telex's G7 also asked how unemployment can rise when more people are working.627

Attributed claim: Political blame for the jobless figures is also disputed. Portfolio.hu asked whether the Tisza or Fidesz is responsible for unemployment and promised a surprising answer, while Mfor.hu focused on people who lost jobs because of the elections and whether they have since found new work.8910

Also this week

Published earlier this week and since overtaken by bigger stories. Open one to read it in full.

Serbian minister says NIS stake sale to Mol is signed; Mol denies any dealSerbia's finance minister said a contract has been signed for the sale of the Russian ownership stake in the Serbian oil company NIS to Hungary's Mol. The deal would mark a significant foreign expansion for Mol.

Serbian minister says NIS stake sale to Mol is signed; Mol denies any deal

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

Serbia's finance minister said a contract has been signed for the sale of the Russian ownership stake in the Serbian oil company NIS to Hungary's Mol. The deal would mark a significant foreign expansion for Mol.123

Mol responded to Forbes' inquiry by saying that only approval from the Serbian and American authorities now separates it from the expansion. The company's reaction was reported the same day the Serbian minister's statement circulated.45

Attributed claim: Mol's own account contradicts the Serbian announcement: the company says nothing has been signed with the Serbs regarding the sale of the Russian stake in NIS. The denial was carried by 444 and repeated in other outlets' roundups.672

Attributed claim: Origo reported that Mol had signed the agreement with Serbia's NIS, and Euronews reported that the contract was signed and Mol may buy the Russian stake. Those accounts line up with the Serbian finance minister's statement rather than with Mol's denial.89

The Hungarian stock market lost momentum and turned lower on the day the NIS reports circulated.75

Turbine generator trips at Paks nuclear plant, cutting unit 1 output by more than 100 MWA turbine generator at the Paks nuclear power plant shut down unexpectedly, and unit 1 has been running at reduced output since. The plant operator, MVM Paksi Atomerőmű Zrt., reported an operating event involving a load reduction of more than 100 MW on unit 1.

Turbine generator trips at Paks nuclear plant, cutting unit 1 output by more than 100 MW

Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.

A turbine generator at the Paks nuclear power plant shut down unexpectedly, and unit 1 has been running at reduced output since. The plant operator, MVM Paksi Atomerőmű Zrt., reported an operating event involving a load reduction of more than 100 MW on unit 1.123

Unit 1 was operating at 50 percent capacity because of the fault, a wire report said a day after the incident. Other accounts described the unit as running on half steam.435

Attributed claim: The outage left only one reactor block at Paks generating at full power, according to Index.hu. hvg.hu reported that two blocks were producing at only half steam.65

Fürcht said the instruction from above was that the preparatory proceedings concerning Völner had to be closedFormer chief prosecutor Fürcht Pál told a parliamentary committee examining enforcement proceedings that he received a politically influenced instruction from his superior. He said General Tomin Szilvia told him she had received an order from above that nothing could come of the Völner-Schadl case.

Fürcht said the instruction from above was that the preparatory proceedings concerning Völner had to be closed

Former chief prosecutor Fürcht Pál told a parliamentary committee examining enforcement proceedings that he received a politically influenced instruction from his superior. He said General Tomin Szilvia told him she had received an order from above that nothing could come of the Völner-Schadl case.123

Fürcht said the instruction from above was that the preparatory proceedings concerning Völner had to be closed. He described the order as coming from his superiors rather than from within the prosecution service itself.451

In his testimony Fürcht also raised the possibility of involving then-justice minister Varga Judit as a secret cooperating party. He said the idea of recruiting her in that role had come up during the proceedings.541

The hearing was held before the committee investigating enforcement proceedings, where Fürcht began speaking about the instructions he says he received. Outlets described the session as a historic hearing for the former chief prosecutor.321

Police raid European Parliament offices of Patriots for Europe faction over suspected embezzlementPolice carried out raids in the European Parliament at the offices of members of the Patriots for Europe faction. The searches targeted the office of the faction's secretary-general and the offices of its French members. The raids were conducted on suspicion of embezzlement.

Police raid European Parliament offices of Patriots for Europe faction over suspected embezzlement

Police carried out raids in the European Parliament at the offices of members of the Patriots for Europe faction. The searches targeted the office of the faction's secretary-general and the offices of its French members. The raids were conducted on suspicion of embezzlement.12345

The Patriots for Europe is the EU party alliance of Hungarian Prime Minister Viktor Orbán, and the raids hit his Brussels allies. The faction's French delegation was among those searched.234

A fresh wave of bomb threats reached Hungarian schoolsA fresh wave of bomb threats reached Hungarian schools, with nearly 30 institutions in Borsod county and one in Budapest targeted. The threats continued a series of school bomb alerts that had already prompted evacuations in earlier days.

A fresh wave of bomb threats reached Hungarian schools

A fresh wave of bomb threats reached Hungarian schools, with nearly 30 institutions in Borsod county and one in Budapest targeted. The threats continued a series of school bomb alerts that had already prompted evacuations in earlier days.123

The threats were not limited to bombs. Schools also received messages telling recipients to "prepare for death" and warning of an armed attack, according to Economx.45

Police said further educational institutions had been threatened, confirming the alerts extended beyond the first list of schools. New schools were hit again on Wednesday, Infostart reported.67

Researcher Lannert Judit commented on the threats, and Telex reported that the aim is to cause disruption, with artificial intelligence expected to make the threat more serious. Index described the intent behind the threats as domination rather than detonation.859

Kapitány sets out Tisza government's home renovation programme with 15.5 million forint grantsThe programme is aimed at panel-dwelling residents, who stand to benefit from the announced terms. Kapitány also published a list of what the funding can be used for.

Kapitány sets out Tisza government's home renovation programme with 15.5 million forint grants

The programme is aimed at panel-dwelling residents, who stand to benefit from the announced terms. Kapitány also published a list of what the funding can be used for.12

Kapitány said the programme will cost 1,165 billion forints while the utility price cuts remain in place.3

A wire report framed the scheme as 15 million forints in free money available to families, describing Kapitány as the minister presenting the Tisza government's new renovation programme.4