Latest news in Hungary - 15 Jul 2025

** Expired meat in hospital ** Wizz Air Exits Abu Dhabi ** Rain expected ** Hungarians going homeless in Vienna ** Hungarian astronaut returns ** Tiborcz eyes US expansion ** Paks AI data center planned ** Supreme court rules on currency loans ** Lázár acknowledges challenges **

Cold Front Brings Heavy Rain to Hungary: A cold front is set to arrive Wednesday, bringing significant rainfall, with expectations of over 30 millimeters in some areas. A first-degree warning is in effect for eastern regions, Bács-Kiskun, and Baranya counties due to thunderstorms and possible hail, while temperatures will drop significantly from a weekend heat wave. Read more here

Expired Meat Discovered at Budapest Hospital: Inspectors from the National Food Chain Safety Office found over 200 kilograms of expired meat, including pork and chicken, at Péterfy Sándor Street Hospital in Budapest during a recent inspection. The outdated products included 70 kg of chicken legs and 47 kg of pork legs, with some items being several months past their use-by dates. Read more here

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€3 Billion AI Data Center Investment in Paks: A significant €3 billion investment from a German company aims to establish an AI data center in Paks, along with Hungary's largest solar park. The project, set to be operational by 2027, will require substantial energy consumption of 100-120 megawatts and could boost Hungary’s GDP by 15% by 2030, as emphasized by government officials. Read more here

Hungarian Astronaut Tibor Kapu Returns from Space Mission: Tibor Kapu, Hungary’s second astronaut, has returned to Earth after an 18-day mission at the International Space Station, where he conducted 19 scientific experiments. The mission, part of Hungary's HUNOR project and Axiom Space's Ax-4 mission, marks a significant advancement in the country’s space industry, which has recently received a $99 million boost. Read more here

Supreme Court Ruling on Currency Loans: The Hungarian Supreme Court has ruled that only certain currency loan holders can claim a full refund of their payments, primarily those who can prove they were not adequately informed about currency risks. However, the majority of currency loan borrowers will largely remain unaffected, as they are presumed to have received adequate information when signing their agreements. Read more here

Economic Challenges Acknowledged by Minister Lázár: János Lázár, Hungary's Minister of Construction and Transport, has highlighted the diminishing economic space due to war, inflation, and rising prices, a stark shift from the government's previously optimistic tone about economic growth. As the government sets its sights on the 2026 elections, recent retail data shows mixed results, with increased sales in food and non-food sectors but a decline in fuel sales. Read more here

Wizz Air Exits Abu Dhabi to Refocus on Eastern Europe: Wizz Air announced its exit from Abu Dhabi due to geopolitical instability and declining passenger traffic, shifting its focus back to Central and Eastern Europe, where it aims to compete with Ryanair. The airline's stock rose by 2.6% following the announcement, and it continues to invest in a fleet expansion with an order of 280 Airbus aircraft. Read more here

Hungarian Homeless in Vienna: A recent article highlights the plight of Hungarians among the homeless population in Vienna, where many seek better opportunities but end up on the streets. Factors such as socio-economic struggles in Hungary contribute to this issue, with Viennese social organizations providing essential support, including food and healthcare, for those in need. Read more here

Tiborcz István Eyes American Expansion for BDPST: Tiborcz István, in a recent interview, expressed his ambition to grow BDPST into a major European investment group and confirmed plans for expansion to the U.S., alongside existing projects in Poland, Romania, and Serbia. This move comes as the Prime Minister's daughter, Orbán Ráhel, prepares to relocate to the U.S. for university, although Tiborcz insists their plans are not politically motivated. Read more here

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