Latest news in Hungary - 11 Dec 2024

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- Hit-and-Run Incident in Budaörs: A couple walking their dog was struck by a hit-and-run driver in Budaörs on December 7. The woman is seriously injured, her husband suffered minor injuries, and their dog was killed. The 45-year-old suspect has been arrested and is facing charges including failing to provide assistance. Read more here

- Budapest Apartment Prices on the Rise: New apartment prices in Budapest have climbed past 1.4 million forints per square meter, with average new apartments now priced around 100 million forints. While overall price increases are slowing, the market observed a 1.6% monthly rise and a 13% annual increase. The government plans to allocate 200 billion forints to stabilize housing construction. Read more here

- Optimism for Hungary's Economic Future: National Economy Minister Márton Nagy expressed hope for economic recovery by 2025, predicting growth rates of 3-6%. He reported a projected growth of 0.7% for this year and noted improvements in retail and tourism sectors. Read more here

- Extraordinary Parliamentary Sessions on the Horizon: An extraordinary parliamentary session is scheduled for December 16-20. Proposed discussions include the 14th amendment to the Fundamental Law and the draft budget for 2025. The session requires backing from at least one-fifth of parliament representatives. Read more here

- Train Station Renovations to Begin: Plans for renovating Budapest's train stations have been unveiled, including a long-term management agreement rather than privatization. The state is investing significantly into railway infrastructure, with a focus on enhancing operations and safety. Read more here

- Judiciary Independence Protests: Significant public protests are ongoing in Budapest against a controversial agreement perceived to compromise judicial independence in exchange for salary increases. Judges and activists are vocalizing their commitment to maintaining the integrity of the judiciary. Read more here

- Uncertainty Surrounds Óbuda Árpád High School's Transition: Parents express concerns about the high school’s transition to a training institution under the National University of Public Service, fearing a lack of decision-making involvement in the future. Parents demand clarity and participation in ongoing discussions. Read more here

- Winter Weather Hits Hungary: Expect mixed winter weather across Hungary, with snow, sleet, and rain forecasted. Strong winds and variable temperatures are also expected, impacting travel conditions. Stay informed about local weather updates. Read more here

- Pharmacies Face Financial Strain: Pharmacies in Hungary are struggling with unpaid government reimbursements for medications, affecting their financial stability, especially smaller establishments. The issue has persisted since late November with recognition from the National Health Insurance Fund of delays. Read more here

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