Latest news in Hungary - 2 Dec 2024

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- Stolen Defense Data Resurfaces: Sensitive data stolen from Hungary's Defense Procurement Agency has appeared on the dark web, with a hacker group auctioning the files for $1 million. The data includes internal communications and financial reports. The government asserts that critical military information remains secure. Read more here

- Train Disruption at Ferencváros Station: Train services between Ferencváros and Eastern Railway Station were interrupted after a train passed a red signal. Traffic resumed by 10:50 AM, but some cancellations affected subsequent services. Full operation is expected later in the day. Read more here

- New Housing Support Program: The Hungarian government has launched a 21-point action plan to alleviate the housing crisis, offering support for young families. Housing loan agreements surged to 888 billion forints in the first half of 2024, despite rising property prices. Read more here

- Upcoming Local Elections in Budapest: Tensions over the vacant deputy mayor position in Budapest may lead to new elections by summer if a solution is not reached soon. Mayor Krisztina Baranyi has urged the Tisza Party to propose a candidate to resolve the deadlock. Read more here

- New Panoramic Running Track Opened: A new running track with stunning views of Budapest and the Danube has opened at the National Athletic Center. Open daily from 7 AM to 9 PM, the facility aims to enhance community sports and includes various outdoor fitness amenities. Read more here

- Weather Update: Hungary is set to experience colder and grayer conditions in early December. Expect fog on Monday with temperatures ranging from 1 to 10 degrees Celsius, potentially dropping to -6 at night. Rain and possibly snow are anticipated over the coming week. Read more here

- Greta Thunberg Visits Budapest: Climate activist Greta Thunberg held a discussion with local activists at the Bolygó community house, focusing on climate movements in Hungary and Sweden. Her visit underscores her commitment to global climate issues. Read more here

- Economic Update: Forint Weakens: The forint has fallen to new lows against the euro and dollar, attributed to a recent downgrade in Hungary's credit rating outlook. The euro now exceeds 414 forints, raising concerns about the economy's stability and currency strength. Read more here

- Potential Layoffs in Automotive Sector: Reports indicate impending layoffs at four multinational automotive suppliers in Hungary, with projections of up to 60 job cuts at one company. The sector may be experiencing internal unemployment as order volumes decrease. Read more here-