What happened today in Hungary? — 27 July, 2024

• Volánbusz: Hungary’s main passenger bus company ceases to exist
• New trams planned for Budapest’s scenic Danube promenade, Pest waterfront to be redeveloped
• Hungary may receive Russian oil via Croatia, but there’s a huge problem

Music:

• Rita Ora arrives in Budapest, is taken to hospital immediately

Business:

• Hungarian workers earn less than 1/3rd of Austrian counterparts
• Hungarian government plans new foreign bond issuance following gigantic Chinese loan

Diplomacy, politics:

• Reuters informers: Ukraine may cease oil transit to Hungary, Slovakia in August
• Orbán talks Schengen with Romania
• Orbán: European politics collapsed, Asia to be centre of the world in new global system
• Orbán: Peace won’t be achieved by Ukraine or Russia; it has to come from outside