Latest news in Hungary - 25 Jan 2025

- Decline in Government Bond Purchases: Hungarian citizens purchased 650 billion forints less in government bonds than expected last year, totaling an actual growth of 1,280 billion forints against a target of 1,932 billion forints. Declining inflation impacted the popularity of the Premium Hungarian Government Bond (PMÁK). Meanwhile, the newly launched Fixed Hungarian Government Bond performed well with a stock of 1,016.9 billion forints. Read more here

- Drinking Water Ban Lifted in Pilis and Monorierdő: The drinking water ban imposed due to the detection of worms in the water supply has been lifted. After thorough flushing and disinfection, tests confirmed that the water quality is safe for consumption. Residents are advised that the detected nematodes pose no health risk. Read more here

- National VPN Service Restored: Hungary’s state VPN service, which allows expatriates to stream public television, is back online after accessibility issues. The service was temporarily disrupted due to configuration errors but has been resolved as of January 24, although some minor playback issues may continue. Read more here

- Upcoming Classical Music Events: This week in Hungary's classical music scene, the Győr Philharmonic Orchestra will perform Dvořák and Smetana pieces, and the Academy of Music in Budapest is celebrating its 150th anniversary with a "Violin World Stars" series. Music enthusiasts shouldn't miss the English-themed concert at the Hungarian State Opera featuring Britten and Elgar works. Read more here

- Management Changes in Academic Institutions: Concerns arise surrounding the new leadership at the Kolibri Children's and Youth Theater. Influential figures in Budapest's theater community are worried that the new director’s vision may not align with the theater's established values, urging action to safeguard its cultural legacy. Read more here

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