Possible Clues:

• Hungarian publication British chap set up
• East European army ordered to seize a central part of Hungary
• European bringing periodical raising of hope?
• It's heard in Hungary
• European issue throwing up a bit of light
• Publication with short story in Hungarian
• Hungarian publication with a bit of hope to get backing
• Overheard in eastern Europe, supplement missing energy for annual occurrence
• Another name for Hungarian
• Old European publication a little light, on reflection