Latest news in Hungary - 9 Oct 2024

- Emission Limits Tightened: Hungary is cracking down on pollutant emissions by officially slashing the limit for N-methyl-2-pyrrolidone from 150 mg to just 1 mg per cubic meter. Existing factories have until January 2028 to comply, while new investors are under immediate scrutiny. Heavy metal limits are also getting stricter. Time for factories to go green! Read more here

- New Mayor in Győr Fights Power Restrictions: Bence Pintér, Győr’s new mayor, is challenging contentious operational regulations imposed by the previous council. He plans to take legal action against these rules, which he claims unfairly limit his authority. With the odds stacked against him, he might need a negotiation miracle! Read more here

- Exciting Hiking Spot Reopens: The Bear Gorge is now open again for hiking after a four-year renovation, featuring safety upgrades like 120 new bridges. Visitors can explore daily until October 31, weather permitting. Get your hiking boots ready for some scenic views before the gorge goes back into hibernation! Read more here

- Potential Changes to District Funding: Beginning January 2025, a new Competitive Districts Program will redirect tax revenue from municipalities to districts, offering 65 billion forints of annual development funding. Municipalities might feel the pinch as funds are reassigned. Read more here

- HÉV Service Cuts Loom: Major cuts of up to 23% in HÉV services could be on the horizon due to an aging fleet. Budapest’s mayor and other officials are opposing the proposals, warning it may lead to overcrowding and long wait times. Is it time to invest in a bicycle? Read more here

- Revolut Expanding to Hungary: Financial service provider Revolut is hiring for roles in its new Hungarian branch, promising local customer service while still benefiting from EU protections. Expect a smoother banking experience coming your way! Read more here

- Gas Consumption Falls: Hungary has successfully reduced its natural gas consumption by 5.2% this year, far exceeding EU targets. A win for energy efficiency! However, electricity usage has slightly increased due to a rise in renewables. Read more here

- Hurricane Milton Evacuations in Florida: Hurricane Milton is set to hit Florida, leading to the largest evacuation in state history as over a million people leave coastal areas. Expats in the Tampa Bay area are sharing stories of their emergency preparations as they ride out the storm. Stay safe, everyone! Read more here