Latest news in Hungary - 27 May 2025

Petőfi Bridge Condition Declines: A recent inspection has found that the condition of the Petőfi Bridge has significantly deteriorated over the last six months, with four out of five evaluated aspects worsening. While the substructure remains stable, the superstructure’s rating has dropped, raising concerns about the bridge's future maintenance and renovation, which currently lacks funding. Read more here

Hungary Featured in Time Magazine: Time Magazine has published a three-page feature titled "Economic Renaissance," showcasing Hungary as an attractive investment destination, while highlighting OTP Bank and Magyar Telekom. The magazine insinuates the articles may have been sponsored or PR pieces, potentially costing tens of millions of Hungarian forints. Read more here

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Exhumation of WWII German Soldiers in Buda Castle: Fourteen German soldiers, buried during the siege of Budapest in 1944-1945, have been exhumed from the courtyard of the archival palace at Bécsi kapu. The excavation revealed personal items and remains of the former tower of the National Archives, with further investigations planned to continue after Pentecost. Read more here

Gift Handover Disruptions for Tisza Party: Péter Magyar, president of the Tisza Party, faced challenges delivering gifts to children's homes in Budapest due to restrictions from the directors, resulting in the presents being left at the gates. Despite his live-streamed efforts, he encountered similar issues at two different homes, highlighting ongoing difficulties in donating toys and sports equipment worth 10 million forints to 36 state-run institutions. Read more here

Second Hungarian Astronaut Set for Launch: Tibor Kapu is poised to become Hungary's second astronaut, targeting a launch on June 8 as part of the Axiom Space Ax-4 mission, following Bertalan Farkas, the country's first astronaut, who flew 45 years ago. This marks a significant moment for Hungary in space exploration, as Kapu aims to follow in the historic footsteps of Farkas, who completed his mission aboard Soyuz-36 in 1980. Read more here

Police Ban LGBTQI Rights March in Budapest: Authorities have prohibited a peaceful demonstration against trans- and homophobia planned for June 1 on Andrássy Avenue, citing legal amendments aimed at restricting assembly rights for LGBTQI gatherings. This ban comes despite a similar event held earlier in May and has sparked criticism from advocacy groups emphasizing the government's effort to silence public discourse on equality. Read more here

Orbán's Secret Saudi Visit: Prime Minister Viktor Orbán met privately with Saudi Crown Prince Mohammed bin Salman on October 25, 2022, during a secret trip to Riyadh that neither government made public, raising questions about its true purpose. The Hungarian government has been opaque about its diplomatic ties with Saudi Arabia, despite significant financial ties and a history of previous visits. Read more here

Hungary Establishes a Bank for Tourism: Hungary has launched its own bank dedicated to the tourism sector, now named Kisfaludy Turisztikai Hitelközpont Pénzügyi Szolgáltató Zrt., with loan applications to be accepted through nearly a hundred Tourinform offices nationwide. This initiative aims to enhance productivity and support the tourism industry alongside food and pharmaceuticals. Read more here

Real Estate Fraud Gang Busted: Hungarian police have arrested a criminal group responsible for real estate fraud resulting in over one billion forints in damages. The gang exploited false contracts and straw men to acquire and quickly sell encumbered properties, leading to the death of one accomplice. The investigation spanned three years, uncovering 17 affected properties and detaining 15 suspects, including three lawyers implicated in falsifying documents. Read more here\

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