Latest news in Hungary - 21 Oct 2024

- Military Training Exercises: The Hungarian Air Force will conduct training exercises with Gripen jets on October 21, 22, and 24 from 4 PM to 9 PM. Residents in regions including Kecskemét and Szolnok should expect increased noise levels that may be audible across much of Hungary. Read more here

- Balaton Sound Festival Relocation: The popular Balaton Sound festival will no longer occur in Zamárdi after 2025 due to growing local opposition. This decision follows this year’s event that drew over 100,000 visitors but faced criticism over noise and disruption. Read more here

- Electricity Bill Changes Coming: A new pricing system for electricity will be introduced in Hungary starting in 2026, encouraging households to use more energy during daytime hours. This affects users with smart meters, with possible tiered pricing structures expected. Read more here

- Organic Waste Collection Pilot: Hungary is piloting a selective organic waste collection program, which began this year. Out of 460,000 contacted residents, only 140,000 requested bins, falling short of initial expectations. The initiative aligns with EU recycling regulations aiming for 65% waste recycling by 2025. Read more here

- Significant Rise in Used Car Sales: In September, Hungary recorded a historic 79,500 used car sales, contributing to an 11.6% increase in total passenger car purchases for the first three quarters of 2024 compared to last year. Projections suggest sales could exceed 880,000 by year-end. Read more here

- Housing Market Resurgence: Experts indicate that the Hungarian housing market is beginning to recover after a period of stagnation, making it a good time for potential buyers. Government subsidy measures are noted to have unintentionally inflated prices, but upcoming economic stimulus initiatives could spur market growth. Read more here

- Upcoming Changes to Customer Portal: The Hungarian Customer Portal will gradually transition to a mobile app format as part of the Digital Citizenship Program (DÁP) by early 2025. Users will be able to perform administrative tasks through new methods of access while traditional options remain available. Read more here