Latest news in Hungary - 20 Oct 2025

M30 Highway Renovation Delayed: The renovation of the M30 highway is encountering delays due to slow subsoil consolidation and unexpected water issues, leading construction company Strabag to deem the October 31 completion deadline untenable. The Ministry of Construction and Transport has mandated confidentiality around project communications, limiting Strabag's ability to publicly address concerns. Read more here

Israeli Historian's Lecture Disrupted at ELTE: A scheduled lecture by Israeli historian Alexander Yakobson at Eötvös Loránd University was interrupted by pro-Palestinian protests, prompting the university to postpone the event and launch an investigation into the incident. ELTE’s leadership emphasized their commitment to rejecting antisemitism and ensuring a safe academic environment, with plans to reschedule the course in the future. Read more here

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Debrecen on the Rise: Mayor László Papp envisions Debrecen’s population could grow from 200,000 to 300,000 by 2040, driven by local industrial growth, including significant investments from the automotive and battery sectors. With government support and strategic plans in place, the city aims to transform its economic and demographic landscape, setting itself apart as Hungary's second prominent city. Read more here

Frost Alert for Monday: Eastern Hungary is expecting frost on Monday morning, prompting residents to bring sensitive plants like geraniums and oleanders indoors. While a cold front contributes to chilly conditions, warmer temperatures are forecasted to return by Tuesday, reaching up to 21 degrees Celsius in the southwest. Read more here

Record Sale for Ady Endre's Manuscript: A manuscript of Ady Endre's poem "Az őszi lárma," written in 1907, was sold for a striking 2.5 million forints at an online auction on Antikvárium .hu, setting a new record. Other notable sales included Kossuth Lajos's rejection letter at 1.3 million forints and Batsányi János's 1827 poetry collection at 1.2 million forints. Read more here

Major VAT Fraud Uncovered in Hungary: A criminal organization running fraudulent cleaning companies has defrauded the Hungarian budget of over one billion forints in VAT. The group, led by a Pest county man, utilized a network of 500 employees and fictitious subcontractor arrangements to avoid tax obligations, with investigators seizing cash and valuables worth 365 million forints during recent raids. Read more here

Controversy at Budapest Business School: The relocation of Budapest Business School's Foreign Trade Faculty has led to overcrowded classrooms and chaos, with students and instructors reporting seminar sizes of 50-60 students, alongside growing frustration over poor exam organization. This restructuring effort, viewed by some as overly centralized and poorly executed since the arrival of the new rector, has sparked widespread concern about the quality of education and faculty working conditions. Read more here

Reinstatement of U.S.-Hungary Double Taxation Agreement in Discussion: Hungary and the U.S. are moving towards reinstating their double taxation agreement, which was terminated in July 2022, as part of efforts to strengthen economic ties. The U.S. is Hungary's third-largest investor, with American companies supporting around 20,000 Hungarian jobs. Read more here

ATM Fees Rise for Revolut Users in Hungary: Hungarian banks OTP and Erste have introduced new fees for cash withdrawals made with foreign cards, specifically targeting Revolut and Wise users, with cashback options available at select merchants for those seeking alternatives. While cash withdrawal limits remain unchanged by law, users will face additional costs at these banks, prompting a shift in how they access funds. Read more here

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