Latest news in Hungary - 3 Feb 2025

- New Bank for Hungarian Tourism: A specialized bank aimed at supporting the tourism sector was announced by Minister of National Economy Márton Nagy during the 32nd Tourism Season Opening Gala in Budapest. This initiative is expected to facilitate loan applications through Tourinform offices, with initial loan programs set to launch in the fall. Read more here

- Opposition March Planned for March 15: Ferenc Gyurcsány announced a joint opposition march to be held on March 15, focusing on unifying forces against Prime Minister Viktor Orbán’s government. Gyurcsány expressed urgent concerns about the current state of Hungary and called for early elections to enhance citizen representation. Read more here

- Healthcare Funding Crisis: The Hungarian Medical Chamber reports that the state allocates approximately 2500 billion HUF less on healthcare than is necessary to match the EU average. This underfunding is linked to long hospital wait times and the emigration of healthcare professionals. Read more here

- Upcoming Changes in Banking Fees: Starting April 1, major banks in Hungary will increase their fees, including account management and transfer fees, in response to the inflation rate. This adjustment comes as banks can now pass on the financial transaction tax to customers. Read more here

- Tragic Apartment Fire in Budapest: An apartment fire in Budapest's District V claimed the life of a middle-aged Japanese woman. The incident is under investigation, with authorities attributing it to a possible accident related to smoking. Read more here

- Cold Weather Alert: Prepare for colder temperatures in Hungary this February! Daytime highs will only reach 1-6 degrees Celsius, with early mornings potentially dipping as low as minus 10. Snowfall is also expected later in the week. Read more here

- Documentary on Urban Environmental Decline: A new documentary titled "Wounded Landscape" highlights the environmental impacts of urbanization in Budapest, showcasing both the losses and successful rehabilitation efforts in local habitats. Read more here

- Davis Cup Victory for Hungary: Márton Fucsovics led the Hungarian national tennis team to defeat Canada in the Davis Cup qualifiers, securing an essential win for the team’s advancement in the tournament. Read more here

- Record-Breaking Hungarian Film: The film "I Went for a Run" has become the most viewed Hungarian film since 1989, breaking records with over 662,000 viewers shortly after its release, and achieving significant milestones in Hungarian cinema. Read more here

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