Latest news in Hungary - 22 Feb 2025

- PMÁP Bonds Approaching Maturity: As PMÁP bonds near maturity, small investors are looking for reinvestment options for approximately 3,000 billion forints set to mature by early 2025. With recent yields dropping to 3.9-5.2%, individuals are exploring stocks, real estate, and foreign investments for better returns. Read more here

- Protest Against Hospital Closure in Kalocsa: Residents are set to protest the proposed closure of the pediatric and maternity departments at Szent Kereszt Hospital, citing concerns over access to healthcare. The hospital's management contends the changes align with modern outpatient care needs but protests highlight fears of increased travel times for patients. Read more here

- Temporary Metro Disruptions in Budapest: Replacement buses are running on the M2 metro line between Örs vezér tere and Deák Ferenc tér due to gas odor investigations. While no harmful gases were detected, BKV Zrt. is taking precautions, causing some disruptions for commuters. Read more here

- Affordable Diners Gaining Popularity: A gastro-youtuber is highlighting the charm of Hungary's affordable diners as locals seek traditional home-style meals amidst a thriving Michelin-star dining scene. The initiative aims to reconnect people with authentic Hungarian culinary culture. Read more here

- Hungarian Police Drug Bust: A major police operation in Fejér County led to the seizure of drugs worth hundreds of millions of forints, including 18 kg of cocaine. The operation highlights significant successes in tackling drug trafficking, with multiple arrests made. Read more here

- MNB Investigates Fundraising Company: The Hungarian National Bank is investigating OMR OIL LLC, which raised several hundred thousand dollars from Hungarian investors without proper licensing. The company promised high returns on oil well investments and faces legal action. Read more here

- New Cinema Releases to Watch: Upcoming film releases in Hungary include "September 5," a movie based on the tragic events of the 1972 Munich Olympics, and acclaimed Hungarian director Nemes Jeles László's latest film about Jean Moulin, starring French actor Gilles Lellouche. Read more here

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