Latest news in Hungary - 5 Nov 2024

- New Annual Parking Fees in Terézváros: Starting in 2025, residents of Terézváros will face an annual parking fee of HUF 36,000, while vehicles over two tons will incur a HUF 72,000 fee. The mayor aims to reduce car usage and enhance environmentally-friendly practices, similar to initiatives in Western Europe. Read more here

- Hungarian Science Festival Begins: The 2024 Hungarian Science Festival kicks off with an opening ceremony at the University of Pécs, featuring lectures and ceremonies focusing on viruses and epidemics. Main events will be held in Budapest, with free admission but registration required. Read more here

- Budapest Traffic Restrictions for EU Summit: Major traffic restrictions will be in place starting November 5 in Budapest in preparation for the European Political Community summit on November 7. Certain roads will have parking bans and closures, so drivers should plan accordingly. Read more here

- Dogs and Bikes Travel Free on Public Transport: From January 2025, Budapest public transport passengers will no longer need separate tickets for their dogs and bicycles, promoting easier travel for pet owners and cyclists. Read more here

- Significant Drop in Apartment Construction: New apartment constructions in Hungary decreased by 19% in the first three quarters of 2024, with only 8,709 units completed. Experts predict only 15,000 new apartments will be built this year, well below the needed 30,000, likely leading to higher housing costs. Read more here

- Flood Relief Bonuses for State Employees: Over 10,000 state employees in Hungary will receive a bonus of 200,000 Forints for their flood defense efforts. Payments are scheduled for mid-November. Read more here

- Men's Health Awareness Month: November is Men's Health Month at the Budai Health Center, offering 20% discounts on screenings and services. The initiative highlights the importance of regular check-ups for men's health. Read more here