Latest news in Hungary - 9 Dec 2024

- Mediterranean Cyclone Set to Hit Hungary: A Mediterranean cyclone is forecasted to bring heavy rain and potential snow to Hungary starting late tonight. Expect significant precipitation in lower areas of Transdanubia, with snowfall in higher altitudes, particularly in the Mecsek, Bakony, and Kőszegi Mountains. Read more here

- Zsolt Semjén Re-Elected as KDNP Leader: Zsolt Semjén has secured another five-year term as the president of the Christian Democratic People's Party (KDNP). He emphasized the party's role in ensuring a successful alliance with Fidesz and preparing for the upcoming 2026 elections, focusing on issues like migration and European politics. Read more here

- MÁV Train Punctuality Update: Hungarian rail operator MÁV reported a 70% punctuality rate for trains in November, a slight decrease from October. Delays are attributed to interconnected railway lines where issues at key points affect overall service. MÁV plans to improve these vulnerable spots and enhance passenger communication. Read more here

- Guns N' Roses Concert in Budapest: The iconic rock band Guns N' Roses is set to perform in Budapest on July 15, 2025, at the Puskás Arena. This marks their fourth concert in the city, with tickets going on sale to fan club members first, followed by general sales on December 13. Read more here

- Scholarship Initiatives from Corvinus University: Corvinus University in Budapest is launching a new entrepreneurial training program titled "From Employee to Entrepreneur." The program includes 8 sessions from April 11-12, 2025, covering critical business topics and offering networking and mentorship opportunities for aspiring business owners. Read more here

- Petition Against School Sponsorship Change at Óbuda Árpád High School: A petition against the change of sponsorship at Óbuda Árpád High School has gathered over 600 signatures due to concerns about insufficient communication and potential housing implications for families. The National University of Public Service plans to respond to community queries soon. Read more here

- Interest Rate Adjustments for Government Bonds: With upcoming interest payments and bond maturities, Hungarian citizens are encouraged to reconsider their government bond investments, as the yields are expected to be less attractive than other options. This shift aims to attract a broader demographic of investors, including younger individuals. Read more here

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