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Europe · HungaryHouseholds 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
Forget buying an apartment in Budapest without children - Young and old people are priced out of the housing market
Europe · HungaryMinutes 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
Breaking! Hungary has also agreed to new Russian sanctions - Threatening messages are already coming
Europe · HungaryThe 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
The government threw 35 billion forints at the athletic stadium, it is already at almost 250 billion HUF
Latest News Stories
Europe · WashingtonU.S. Secretary of State Antony Blinken: "We have been very clear with the Russians publicly, and, as well as privately, to stop the loose talk about nuclear weapons" National security adviser Jake Sullivan: "In private channels we have spelled out in greater detail exactly what that would mean" Putin has "already lost in terms of what he was trying to achieve," Blinken says.See the Story
Biden adviser: US in private talks with Russia over nuclear weapons to avoid public ‘tit for tat’
42% Right coverage: 57 sources
Europe · HungaryHungary has implemented an unorthodox rate reduction, and what is a surprise that the Minister of Economy did this — wrote Zsiday Viktor in his latest blog post. According to the investment specialist, with this step, Hungary will become more and more Turkey.See the Story
Viktor Zsiday: Hungary is increasingly Turkey after today's pull by the government
Europe · HungaryAlthough news has been about the slowdown in the housing market in recent days, in the last year there has been a huge jump in housing price rises across Europe. According to the analysis of the Central Statistical Office, housing price increases continued in all EU Member States between 2021 and the second quarter of 2022. As we have already written, Hungary also saw a record increase in housing prices, although our country still won only the s…See the Story
In many places, a life's work is too little to buy your own apartment - Hungarians are not the only ones suffering because of the high house prices
Europe · HungaryThe Secretary of State of the Ministry of Foreign Affairs and Trade urged the abolition of existing energy sanctions against Russia.See the Story
It turns out: Hungary wants to abolish energy sanckies against Russia
Europe · HungaryMariusz Gierszewski shared his information on Twitter, who was one of the first to report on the development.See the Story
It could have been the remains of a missile shot down by the Ukrainian Armed Forces, which crashed in Poland
Europe · BudapestThe German Parliament calls on the German Federal Government to vote in the European Council to suspend payments from the EU budget to Hungary if the Budapest Government does not clearly implement the corrective measures it has put forward. The Conditionality Regulation, as a new instrument for protecting the EU budget, should be applied “with the utmost care, consistency, transparency and appropriate scale” in cases of infringement of the rule …See the Story
The German Parliament voted against the immediate lifting of Hungarian EU funds
Europe · HungaryThe Duna House Group again published its monthly Transaction Number Estimate (DH-TB), according to which 8326 residential properties changed owners nationally in October 2022, i.e. the real estate market slowed further. Except for the Covid low in April 2020, we last saw a lower figure in April 2014, and for October in 2013.See the Story
The housing market is starting to freeze - The number of sales at a decade-long low
Europe · HungaryA total of 366 offices in the country are closed due to government-ordered saving. Not only in small settlements, but also in large cities. Twelve posts close in Szeged, nine posts in Miskolc, Debrecen and Pécs, seven in Nyíregyháza and five posts in Győr, referring to energy saving, RTL News reports. In Salgótarján, the operation of five post offices is suspended, and a collection of signatures has been launched in the city against the measure.See the Story
