Latest news in Hungary - 3 Jan 2025

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- MÁV's New Year Begins with Setbacks: MÁV (Hungarian State Railways) faced multiple vehicle failures and train delays on its first workday of the year, including cancellations and necessary bus replacements. A report highlights MÁV's average ranking among European railways, indicating a need for reform. Read more here

- Rise in Residential Property Demand: Demand for residential property sales in Hungary surged in 2024 with over 530,000 listings, a 4% increase from last year. Notably, counties outside Budapest saw the highest growth, with Szabolcs-Szatmár-Bereg experiencing a 29% rise. New-built apartment prices in Budapest skyrocketed past 100 million HUF, yet overall monthly price increases moderated. Read more here

- Mayor Karácsony Discusses 2025 City Budget: Budapest's Mayor Gergely Karácsony addressed the city's 2025 budget, emphasizing the significant financial constraints faced as only 0.4% of the GDP generated by Budapest is available for its operations. He criticized the ongoing challenges in securing budgetary approvals within Hungary's diverse political landscape. Read more here

- Fisherman's Bastion Charges for Views: As of January 1, visitors must now pay 1500 forints for access to the lower section of Fisherman's Bastion in Budapest, which has raised concerns regarding accessibility and visitor experience. Discussions about access for local residents are ongoing. Read more here

- Long Weekends Ahead: Planning your year ahead? In 2025, Hungary will have five long weekends, offering perfect opportunities for getaway trips. Notable weekends include Easter from April 18-21 and Christmas from December 24-28. Mark your calendars! Read more here

- Vodafone and Digi Merge: Starting January 1, 2025, Vodafone and Digi have merged under the name One Magyarország, aiming to streamline services. While existing customers won't face immediate contract changes, the transition period may cause minor technical disruptions. Read more here

- Mandatory Masks at Semmelweis University: In response to a rising health crisis, Semmelweis University has enforced mandatory mask-wearing in patient care units and restricted visits, allowing only specific relatives. This measure follows an increase in influenza cases. Read more here

- Natural Gas Supply Changes: As of January 1, the Brotherhood pipeline will no longer transport natural gas from Russia to Hungary. This shift could create new market opportunities and stabilize Hungary's energy supply amidst ongoing geopolitical tensions. Read more here

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