US EditionBREAKING – Mayor Karácsony's Urgent Press Briefing: Budapest May Go Bankrupt, Public Transport May Be Halved in H2 2025
- Budapest Mayor Gergely Karácsony held an urgent press briefing on May 27, 2025, warning the city may go bankrupt and halve public transport in H2 2025.
- The crisis stems from the government increasing the solidarity contribution and annulling Budapest’s 2025 budget following a Hungarian supreme court decision.
- The government demands HUF 51 billion, which would collapse the city's budget and cause a loss of HUF 12 billion affecting public services like trams and metro.
- Karácsony stated the capital faces danger due to the "12-fold solidarity contribution," and if the court denies protection, public transport capacity may be halved within 15 days.
- If legal protection fails, Budapest must take extraordinary action to maintain services, while opposition calls for an audit of city companies amid transparency concerns.
14 Articles
14 Articles
After the Curia ordered the capital to pay 51 billion forints, Gergely Karácsony announced: they will seek immediate legal protection from the court, otherwise the operation of the capital may be jeopardized. The mayor asked the BKK to develop an emergency plan. One billion dollars of public money, originally intended for the construction of military defenses, has been lost in Ukraine. A few days after Caramel's on-stage insult to Fidesz, Quimby…
The capital is seeking immediate legal protection from the court in the lawsuit filed over the solidarity contribution. Karácsony is having BKK develop an emergency plan and is negotiating with the capital's trade unions.
The Budapest Metropolitan Government Office answered the questions of Magyar Nemzet.
The Ministry of National Economy responded to Gergely Karácsony's announcement that they are requesting legal protection.
An interactive show by Hír FM and Hír TV with the champions of word battles. Presenter: Imre Czirjak.
“They held a bidding war for Rákosrendező, while they knew that it would lead to bankruptcy,” pointed out the Fidesz faction leader in the capital.
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- 50% of the sources lean Left, 50% of the sources lean Right
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