Story perspectives

Hungary to Reassess €12.5bn Paks 2 Nuclear Deal, Boost Transparency

5/11/2026

Summary

Story summary

Hungary’s administration pledged a transparent nuclear strategy and anti-corruption drive while reexamining the Paks 2 expansion with Russian partners.
Economy minister nominee Istvan Kapitany announced a review of the €12.5 billion Paks 2 financing and contracts.
Prime Minister Peter Magyar said the cost is over-inflated, prompting Rosatom director Alexei Likhachev to justify it.
Foreign-minister nominee Anita Orban said Russia will remain a partner but Hungary will not send troops or weapons to Ukraine.

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Story summary

Hungary’s administration pledged a transparent nuclear strategy and anti-corruption drive while reexamining the Paks 2 expansion with Russian partners.
Economy minister nominee Istvan Kapitany announced a review of the €12.5 billion Paks 2 financing and contracts.
Prime Minister Peter Magyar said the cost is over-inflated, prompting Rosatom director Alexei Likhachev to justify it.
Foreign-minister nominee Anita Orban said Russia will remain a partner but Hungary will not send troops or weapons to Ukraine.