The municipal council of Budapest has decided to terminate a 2009 agreement under which a funicular as well as a bus park would have been built on central Gellért Hill.
The council adopted the proposal to drop the agreement with 17 votes for, 6 against, and with one abstention.
According to the proposal, construction of the planned facilities has not even started in the past 13 years, while “changes to the original technical content renders completion of the project impossible for reasons on the investor’s side”.
The proposal also referred to “significant changes in the legal environment” and said that “the financial equilibrium of the agreement has toppled”.
Mayor Gergely Karácsony said the project would have involved “tremendous environmental risks” and the “spectacle”, whose plans have been modified, would “further burden Gellért Hill” and it would not eliminate the tourist buses currently frequenting the hill top.
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The thing would have been an eyesore so it’s good news that it has been scrapped.
The state of the Financial & Economic position of Hungary – the Economy – what will be next that have been proposed as Major developements – taken off the “Long” list.
Its a VERY Long list that the present Government of Future Plans – they over (10) ten years have COMPILED.
Troubed Economy – No European Union Funding and the developing – Russian/Ukraine War.
Bit on a LARGE plate does the present Government of Hungary plus National Elections in April.
Spin & Propaganda – the DNA of Politics that we FLOOD – the citizens/population of Hungary adding to what we have been subjected to in this lead up to the National Elections.