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Hungary probes ex-foreign minister's BYD deal amid pollution fears

7/21/2026

Summary

Story summary

Hungary announced an investigation into the BYD investment negotiated by foreign minister Péter Szijjártó before he became a BYD executive.
Prime Minister Péter Magyar said the probe will review subsidies, permits, environmental exemptions and the financial impact on taxpayers, workers and local communities.
Residents, environmental groups and opposition politicians have protested, fearing increased pollution, water-supply risks and greater reliance on China; the probe will also examine Szijjártó’s contacts with Russia.

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Story summary

Hungary announced an investigation into the BYD investment negotiated by foreign minister Péter Szijjártó before he became a BYD executive.
Prime Minister Péter Magyar said the probe will review subsidies, permits, environmental exemptions and the financial impact on taxpayers, workers and local communities.
Residents, environmental groups and opposition politicians have protested, fearing increased pollution, water-supply risks and greater reliance on China; the probe will also examine Szijjártó’s contacts with Russia.