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- Latest news in Hungary - 9 Nov 2024
Latest news in Hungary - 9 Nov 2024
** Free public transport for football fans ** EU summit in Budapest ends ** Poor air quality in Békéscsaba and Debrecen ** Hungarian government in fishing ** Hungarian banks increase fees **
- Free Transport for Football Fans: Újpest FC fans attending home matches can enjoy free public transport on BKK services. Show your match ticket to travel for free two hours before and after the games against Paksi FC, Ferencvárosi TC, or Kecskeméti TE. Read more here
- Budapest EU Summit Wrap-Up: The European Council summit in Budapest concluded with discussions on EU competitiveness, security, and climate change. Leaders emphasized a unified market and the need for cooperation among European nations to strengthen the Union's global stance. The summit is labeled as Hungary’s largest diplomatic event to date. Read more here
- Dangerous Air Quality Alerts: Poor air quality levels have been reported in several Hungarian cities, including Békéscsaba and Debrecen. Residents are advised to limit outdoor activities and ventilate homes to manage health risks associated with high particulate matter concentrations. Read more here
- Major Changes in Hungarian Real Estate: Office vacancy rates in Budapest have reached a nine-year high of 14%, while housing demand continues to grow, with property prices rising sharply since 2015. The government is intervening by buying office complexes to ease market pressures. Read more here
- Fishing Tourism Boost: The Hungarian government is investing 24 billion forints into a National Fishing Tourism Strategy, focusing on enhancing key water bodies like Lake Balaton and the Danube. The initiative aims to improve infrastructure and training, building on Hungary's strong fishing community. Read more here
- Increasing Costs for Hungarian Banks: Bank transaction fees are set to rise, putting Hungarian banks at a competitive disadvantage. Starting January 2025, OTP plans to pass these costs onto consumers, presenting a significant shift after recent price moratoriums. Read more here
- BYD Considers Hungary for Headquarters: Chinese electric vehicle giant BYD is eyeing Hungary for its new European headquarters, possibly relocating from the Netherlands. The move is driven by Hungary’s pro-automaker policies against EU tariffs, enhancing the region's industrial appeal. Read more here
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