Latest news in Hungary - 1 Jan 2025

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- Significant Changes in Hungary's Legal Framework: Starting this year, several legal changes will be implemented, including restrictions on judicial appointments for those under 35 and the provision that crimes punishable by life imprisonment will never expire, even for minors. Additionally, the number of parliamentary representatives from Budapest will be reduced, and significant reforms in financial and telecommunications sectors will take place. Read more here.

- Hungarian-Romanian Border Controls Lifted: From January 1, 2025, the borders between Hungary and Romania will be officially open, following Romania's accession to the Schengen Area. This change will eliminate regular border checks, enhancing economic and social ties between the two nations. Read more here.

- Investment Target Areas in Göd: The Hungarian government has designated land parcels in Göd as investment target areas in association with Samsung's battery production. This action comes in response to local council approval for land acquisitions aimed at establishing renewable energy solutions. Read more here.

- Highlight on New Year’s Eve Fire Incidents in Hungary: New Year’s Eve saw firefighters responding to 162 emergencies, an increase from last year, primarily due to fireworks-related incidents. A tragic apartment fire in Gelse resulted in one fatality, alongside multiple injuries and traffic accidents on the night. Read more here.

- Vodafone Brand Transition: Vodafone will undergo a major transition to a new brand name, "One," starting January 2, 2025. A significant 40-hour shutdown of customer services will occur from December 31 to January 2, with access to several online services suspended during this period. Read more here.

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