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Forget buying an apartment in Budapest without children - Young and old people are priced out of the housing market
Europe · Hungary

Forget buying an apartment in Budapest without children - Young and old people are priced out of the housing market

Households before buying a home have been able to feel that they are moving further and further away from the dream home for quite some time, thanks to the rapid rise in prices in the real estate market in previous years. However, until 2022, only housing prices increased, a favorable credit environment and wage growth could still keep the soul in active earners. The year 2022, on the other hand, brought changes that made it cumulatively difficu…See the Story
Breaking! Hungary has also agreed to new Russian sanctions - Threatening messages are already coming
Europe · Hungary

Breaking! Hungary has also agreed to new Russian sanctions - Threatening messages are already coming

Minutes ago, the press service of the European Council said that all Member States, including Hungary, approved the sanction on the $60 Russian oil cap on Saturday, so it can come into force from Monday. The Russians have already begun sending threatening messages that could affect oil shipments even to Hungary. Thus, this makes it even more central to what will happen at home with the 480 HUF official fuel price, after the government has alread…See the Story
The government threw 35 billion forints at the athletic stadium, it is already at almost 250 billion HUF
Europe · Hungary

The government threw 35 billion forints at the athletic stadium, it is already at almost 250 billion HUF

The government increased the cost of the stadium based on the 2023 World Athletics Championships to 246.5 billion HUF by another almost 35 billion HUF — according to Thursday's Magyar Gazette. The cost of the event to be held in Budapest next summer is not the first time to rise, and there is still time to increase in price until August.See the Story

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