Latest news in Hungary - 9 Sep 2025

Tisza Party's Wealth Tax Proposal: The Tisza Party is advocating for a 1% wealth tax on assets exceeding 5 billion forints, aiming to generate about 400 billion forints in revenue to reduce personal income tax if they win the 2026 elections. Despite the challenges and past failures of wealth taxes in various countries, they argue that this measure is a step towards social justice and solidarity. Read more here

Social Egg Freezing Now Available in Hungary: Hungary has recently approved social egg freezing, allowing women to proactively manage their fertility without medical justification, although the procedure can cost between 110,000 to 500,000 forints. Experts warn that while this expands reproductive options, many women may not return to use their frozen eggs, and the service is not covered by social insurance. Read more here

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Stabbing death in Erzsébetváros: In a tragic turn of events, a 28-year-old British man was fatally stabbed by a 34-year-old companion during a dispute in an apartment on Akácfa Street, where both had come to Budapest to party. The suspect was caught dragging the victim's body by police, and an investigation for murder is underway. Read more here

Hungarian Reporter Injured in Georgia Protests: Mézes László Róbert, a Hungarian journalist for Magyar Hang, was hospitalized after being attacked during an anti-government protest in Tbilisi, where he was injured and his phone was forcibly taken amidst clashes with supporters of the ruling Georgian Dream party. Despite sustaining injuries to his face and fingers, he was rescued by fellow protesters and is currently under observation in the hospital. Read more here

Fire Breaks Out on Óbuda Balcony: A fire erupted on the balcony of a second-floor apartment on Hidegkuti Nándor Street in Óbuda, sending visible smoke billowing into the air. Firefighters swiftly contained the blaze using three water jets, and clean-up operations are now in progress. Read more here

Discounted Highway Vignettes Amid M1 Renovations: The Hungarian government has announced discounted highway vignettes for residents of Pest, Fejér, Komárom-Esztergom, and Győr-Moson-Sopron counties, reducing the annual fee to 15,000 forints by 2026, down from 59,210 forints this year, due to ongoing renovation work on the M1 highway. The renovation, which began on September 1, will expand the highway to a 2x3 lane configuration, with completion expected by 2029. Read more here

Weather Update: Rain Finally Arrives: This week, Hungary will experience weather more typical of June, with showers and thunderstorms expected, particularly on Tuesday, Thursday, and Sunday, bringing relief to drought conditions with over 20-30 mm of rain possible. Daytime temperatures may reach near 30°C in the south, while nighttime lows will range from 13-19°C. Read more here

Inflation Remains Steady at 4.3%: In August, Hungary's inflation rate held steady at 4.3%, with food prices rising by 5.9%. Notably, household gas costs jumped 23.2% while margarine and flour saw significant decreases of 29.5% and 11.6%, respectively. Analysts predict that inflation could rise again after the lifting of price margin restrictions expected in November. Read more here

Pension Adjustments Due to August Inflation: With inflation rising by 4.3% year-on-year in August, pensions in Hungary will be adjusted retroactively by 1.5% in November, providing an additional 3,660 forints to the average pensioner, bringing total increases to 40,260 forints. This adjustment comes after the government failed to accurately estimate inflation rates in previous years. Read more here

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