Latest news in Hungary - 16 Nov 2024

** New 15% service fee cap ** Basilica and Vörösmarty Christimas markets open ** Lower growth due in Hungary ** Ambulance response times improve in Budapest ** Police crackdown on human trafficking **

- Crackdown on Human Trafficking in Hungary: Police and Romanian authorities have dismantled a human trafficking network that exploited victims by promising high-paying jobs in Budapest. Eight people were arrested following raids in a significant operation on November 12. Read more here

- Christmas Markets Open in Budapest: The festive Christmas markets at the Basilica and Vörösmarty Square have officially opened, featuring traditional food, artisan crafts, and festive programs. Prices for food items have seen minimal increases compared to last year. Both markets will operate until January 1. Read more here

- European Commission Predicts Lower Economic Growth for Hungary: The European Commission has reduced its growth forecast for Hungary to 0.6% for 2024, a significant drop from the previous estimate of 2.4%. High budget deficits and rising unemployment rates are also expected to pose challenges. Read more here

- Upcoming Swimming Championships in Budapest: The 2024 Short Course Swimming World Championships are set to take place from December 10-15 at the Duna Arena. Unique medals shaped like the Chain Bridge will be awarded, and tickets are selling fast as significant athletes prepare to compete. Read more here

- New Service Fee Regulations for Hospitality: New government regulations will limit service fees in the hospitality sector, permitting up to 15% for individual consumers and 20% for corporate events, with tips remaining tax-free. This aims to enhance competitiveness in the sector. Read more here

- Public Transport Changes for Pet Owners: Beginning in January, Budapest public transport will allow holders of city passes to transport one dog and one bicycle for free, a move aimed at improving accessibility for pet owners. Read more here

- Ambulance Response Times Improve in Budapest: The National Ambulance Service has reported improved response times, averaging 12 minutes for urgent cases in Budapest, despite increased demand. New rapid intervention units are set to enhance service further. Read more here

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