By Gergely Szakacs and Michael Kahn BUDAPEST/PRAGUE, Aug 2 (Reuters) - Hungarian firms and business magnates who leveraged ties to Viktor Orban to build sprawling empires are pivoting to smaller projects as a new ruling party moves to stamp out alleged cronyism.

If you were the newly elected prime minister of Hungary, would you be tempted to take revenge on the previous regime by using its heavy-handed tools against it, even if that meant bending democracy?

Hungary's economy expanded at a stable pace in the second quarter, preliminary data from the Hungarian Central Statistical Office showed on Thursday. On an unadjusted basis, gross domestic product grew 1.

BUDAPEST, July 31 (Reuters) - Hungary's Paks nuclear power plant, which generates nearly half the country's electricity, could be shut for weeks, the prime minister said on Friday, while Romania declared a state of emergency as low water levels on the Danube cut power output.

Hungary's tourism sector posted a modest decline in June, with the number of guests at commercial and private accommodations falling 2.2% y/y to 1.86mn, while guest nights dropped 2.5% to 4.33mn, the Central Statistics Office (KSH) said on its webpage.

Conflicting claims have emerged in Hungary about why a data centre linked to former PM Viktor Orbán's Fidesz party was raided as part of a wider corruption investigation. The Cube takes a look. View o

Hungary's new Foreign Minister, Anita Orbán, wants to strengthen relations with the affluent German state of Bavaria. There are currently 100,000 Hungarians living in the state, and the Bavarian car

Hungary's parliament has voted to establish a new agency to support law enforcement in the fight against corruption. The new National Asset Recovery Authority (NVVH) was approved by lawmakers with 143 voting in favour and 47 against.