Top Hungary news: Wizz Air flights, Christmas market, Ukraine ambassador, white Christmas, guest workers — 21 December, 2024

We’ve rounded up the most important Hungary news from today; check them out below!

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After nearly 2 years, Ukraine appoints Fegyir Sándor, ‘teacher from the trenches’, as ambassador to Hungary

fegyir sándor ambassador of ukraine to hungary

Ukrainian President Volodymyr Zelensky has officially appointed Fegyir Sándor as Ukraine’s ambassador to Hungary, ending a nearly two-year period during which the country was represented only by an acting ambassador in Budapest.

Long-delayed appointment

Sándor’s appointment had been under consideration since early 2023, but significant delays postponed the decision. One of the reasons for the holdup, as reported by HVG, was resistance within Ukraine’s Ministry of Foreign Affairs, where some officials preferred a different candidate. Additionally, Sándor had to wait for (then-) Hungarian President Katalin Novák to issue the diplomatic accreditation, which was finalised only in August 2023, Telex reports.

András Rácz, a Russia expert, commented on Sándor’s appointment in a Facebook post, stating, “His task won’t be easy for several reasons… but I’m confident he’ll excel in this role as well.”

A multifaceted background

Born in Uzhhorod in 1975, Fegyir Sándor comes from a multicultural family—his father is of Hungarian-Slovak descent, while his mother has Ukrainian-Italian roots. Sándor studied history at Uzhhorod National University, later pursuing legal studies and earning advanced academic degrees in sociology and philosophy.

Before entering politics, he taught history and geography at an elementary school in Uzhhorod and led the Zakarpattia tourism office for a time. In 2020, he joined Volodymyr Zelensky’s Servant of the People party and was elected to the regional parliament of Zakarpattia (Transcarpathia).

From the trenches to diplomacy

Sándor gained international attention during the early months of Russia’s invasion of Ukraine in 2022. As a professor at Uzhhorod National University, he volunteered for the Ukrainian military and became known as the “professor from the trenches” after a photo emerged of him conducting online university lectures on tourism while stationed near the front lines.

In an interview with HVG, he emphasised the symbolic importance of his service as a Hungarian-speaking Ukrainian defending his homeland:

“I’m living proof that Hungarians, like other ethnic groups in Ukraine, are defending their families and homeland. We maintain close contact with the Hungarian people and are immensely grateful for the assistance from Hungarian volunteers and friends.”

Mission in Hungary

Sándor steps into a challenging diplomatic role amid tense relations between Kyiv and Budapest. Ukrainian leaders have often criticised Hungarian Prime Minister Viktor Orbán for his perceived alignment with Russian interests within the EU.

In a recent interview with 444.hu, Sándor dismissed the notion that Orbán is pro-Russia but stressed that Ukraine represents an asset to Europe. If appointed ambassador, he once said, he would suggest to Orbán that they visit Székesfehérvár together:

“There’s much to discuss.”

Hope for a new era

As Ukraine’s new ambassador to Hungary, Fegyir Sándor faces the formidable task of navigating strained bilateral relations while representing a multicultural, united Ukraine on the international stage. His appointment, coupled with his unique personal and professional background, offers a fresh opportunity to strengthen ties between the two nations.

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Constitutional Court: There will be no referendum on the Budapest Olympics

budapest olimpia park

The Hungarian Olympic Committee (MOB) said on Thursday that it acknowledged a Constitutional Court ruling that a decision of the Kuria, in which the supreme court validated a planned Budapest referendum on hosting the Olympics, had been unconstitutional.

The Constitutional Court said on its website that “the reason for the annulment is that the Kuria’s interpretation of the referendum question being unambiguous goes against the constitution, with special regard to its timing”.

MOB turned to the Constitutional Court in late November asking it to annul a November 12 decision by the Kuria, and not make it possible for a referendum to be held ahead of time on a proposal to organise the Olympic Games. MOB said on its website that its aim was to ensure that a decision on an initiative for organising the Games should only be made after thorough preparation, information gathering, public debate, and knowledge of the facts.

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White Christmas on the horizon? Snow and blizzards expected across Hungary!

Budapest snowfall white Christmas

On the fourth Sunday of Advent, a wavy frontal system approaching from the northwest will bring significant weather changes across Hungary. The southern winds are expected to pick up, with increasing cloud cover spreading over the country. By the afternoon, light precipitation may occur in northern regions, followed by more widespread rainfall and snowfall later in the evening.

Budapest snowfall white Christmas
Budapest in November 2023. Photo: MTI/Máthé Zoltán

According to Időkép, snow and sleet are forecasted for northern and northeastern areas, while rain is expected elsewhere. Around Budapest and in the Northern Mountains, a few centimetres of snow accumulation is likely by midnight.

The beginning of next week will see a Mediterranean cyclone sweeping across Hungary, bringing additional precipitation. On Monday, most parts of the country, except the northwestern and northern Great Plain regions, could experience snowfall or sleet. The real highlight comes on Tuesday, Christmas Eve, when significant snowfall is anticipated, particularly in eastern parts of the country.

This snowfall could create a picturesque white landscape across many regions—a rare sight for the holiday in recent years. However, along with the snow, strong winds are forecasted, leading to the possibility of blizzards and drifting snow, especially in open areas.

While many eagerly anticipate a white Christmas, travellers and residents should prepare for potential disruptions caused by the strong winds and snowdrifts. Stay tuned for updates as weather conditions unfold.

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Orbán claims Brussels wants to turn Hungary to Magdeburg in his 2024 State of the Nation speech

magdeburg terrorist attack

Prime Minister Viktor Orbán has expressed condolences to the German chancellor over the terrorist attack carried out in Magdeburg.

“I would like to express my deepest condolences to Bundeskanzler Olaf Scholz and the people of Germany upon the heinous terrorist attack committed at the Christmas market in Magdeburg,” Orbán said in an entry posted on X on Friday evening. “We pray for the families of the victims,” he said.

Orbán: Brussels wants to turn Hungary into Magdeburg

magdeburg terrorist attack
Magdeburg, 21 December 2024. Photo: MTI/EPA/Filip Singer

Viktor Orbán, addressing a year-end international press conference on Saturday, drew a connection between illegal migration and acts of terrorism, referring to the recent tragedy at the Magdeburg Christmas market in Germany and declaring that Brussels wanted to “turn Hungary into Magdeburg”, and force risky migration regulations on the country, which “must not be allowed”.

The prime minister started the press conference by expressing his condolences to Germany and the families of the victims of a terrorist attack at a Christmas market in Magdeburg. He said there was “no doubt” of a connection between illegal migration and terrorist acts but many had tried to deny this, “even though it is a fact that nothing like [such attacks] had happened before” Europe’s migration crisis. He said the lesson for Hungary was that it must carry on resisting being changed into “a world where something like this can happen”.

Romania and Bulgaria’s accession to Schengen

romania hungary border schengen
Ártánd border crossing at the Hungarian-Romanian border. Photo: MTI/Czeglédi Zsolt

The prime minister said the accession of Romania and Bulgaria to the Schengen zone benefitted the two countries as well as Hungary. But it also helped to solve the “European problem” of some member states “blocking enlargement for 13 years”, he added.

Dissolving the border with Romania will provide new opportunities for Hungary, he said, noting the prospect of more border crossings, shorter routes and improvements to the quality of life in the border region. Also, Hungary will gradually withdraw all border guards and police from the relevant border, which would benefit law enforcement now struggling with a shortage of personnel, he added.

Competitiveness

The prime minister noted that the competitiveness pact adopted at the Budapest EU summit set deadlines for the next six months for managing how to stop and reverse the deterioration of the bloc’s competitiveness. The document was unprecedented, he said, and “a serious achievement” in terms of reaching a consensus on how to boost European market efficiency, capital and investments in a period which had seen the bloc preferring to deal with social issues and moving leftwards politically.

Orbán said it was also important that the 27 agricultural ministers worked out a joint position on post-2027 agricultural policy. He said “time has proven right” Hungary’s determination to show courage and take on debates, even on issues that had seemed intractable. Before Hungary’s presidency, no one would have foreseen Schengen enlargement, the competitiveness pact, a common vision of agricultural ministers for the future of European agriculture, Orbán said. “All of this has come to pass,” he declared.

US presidential election

orbán and trump
Photo: Facebook/Orbán Viktor

The prime minister also said that after the US presidential election, the European elite “took no notice of the new reality”. Yet the world will face massive changes when Donald Trump takes office on Jan 20, even if he puts into practice only a fraction of what he has planned, he added.

He said that If Trump’s signalling regarding the balance of US-European trade, which was beneficial to Europe and detrimental to America, were not taken seriously, then it would be “tariffs all the way”. Also, the Western world’s attitude to migration, family protection and traditional values and “the gender issue” would be “completely different”. Economic relations, war and the resulting sanctions, likewise, would be “completely different”, he added.

Orbán hails ’successful’ EU presidency

Viktor Orbán rated Hungary’s presidency of the Council of the European Union a success at an international press conference on Saturday, adding that even “their opponents” had acknowledged both the “quantity and the quality” of the work done.

He said the lesson for Hungary was that it must carry on resisting being changed into “a world where something like this can happen”. Concerning Hungary’s EU presidency and referring to suggestions that Hungary was isolated, Orbán said: “I’ve never seen isolation like it in my life; half the world was here”, adding that Hungary had organised the biggest diplomatic event in its history.

He said the Hungarian presidency had applied a policy-based, rather than a “bureaucratic” approach, noting that its focus had been on the Russia-Ukraine war, the Schengen area and competitiveness. As regards the war, he said the presidency had “no room for manoeuvre” because of the “serious and deep disagreements” in the EU over the strategy to be adopted in connection with the conflict. Despite this, he added, the gravity of the situation had warranted Hungary’s launch of a peace mission and push for peace.

“We set these apart from the EU presidency, which led to some debates, but today no one will dispute that Hungary has a right — and we believe it has a duty — to launch a peace mission,” Orbán said.

Orbán: Big changes ahead, moving from wartime to peace

Viktor Orbán, addressing an international press conference, said that in light of the US election, the world was on the verge of “a new reality” and “new things” were in the pipeline. “Very big changes are ahead of us; we’re moving from wartime to an era of peace,” he said.

Europe should wake up to the new reality, he said, adding that “new things will happen, things that were never even dreamt of, except maybe by Hungarians.” If the war in Ukraine comes to an end, sanctions “that are tormenting the European economy” can be lifted, the prime minister said, adding that Hungary’s standpoint was that sanctions should be lifted as soon as possible, and then the period of inflation “will end, and economic recovery can finally begin, and prosperity can return to Europe.”

Orbán: 1,252,000 Hungarians have returned National Consultation questionnaires

Hungary national consultation
https://www.facebook.com/kormanyzat

Fully 1,252,000 Hungarians returned National Consultation questionnaires on the government’s new economic policy, Viktor Orbán noted, adding that the strong response suggested “there’s enthusiasm for” public life in Hungary.

The new economic policy, trade neutrality and the strategy of connectivity were the main topics of the public survey, Orbán noted. He said the keen response was “very important to the government”. “This is our foundation; it’s what supports us,” he added.

Policies include providing support to employers, so in turn, they can help young people to pay their rent and mortgages, while small businesses can receive capital injections. Also, the biggest programme in Hungary’s history to increase wages will take place, with a 40 percent increase in the minimum wage implemented over the space of three years, the prime minister said.

As well as university students, young employees will also receive support, he said. Further, investments “of national economic significance” will be set in motion over the next year, which he called an “important development”.

2025 will be a great year for the Hungarian economy, Orbán said. “New times are coming, which we noticed early, and started praparing in time,” he said. “We can win in the new era, an era of peace, because we will start from a good starting position. Those who are still dealing with the era of war will be left behind,” he added.

“We have good hope that 2025 will already be about Hungary winning the era of peace,” Orbán said. The government has not given up its plans to carry the migrants by buses to Brussels, he said, asking the competent minister to ensure that “the buses should keep warming up their engines”. He said the situation could arise at any moment that “they can only respond in one way to a move from Brussels,” and that is by giving migrants one-way tickets to Brussels by train or by bus.

He said this can be done legally, and this would not be provocation for its own sake but a clear sign that Hungary would defend itself. He added that the government had hired a prestigious law firm through which Hungary will sue Brussels and claim back the money that it lost.

Orbán said joining the euro zone was not in his mind among the tools to stabilise the forint’s exchange rate. Euro zone membership undoubtedly brings stability but it stifles growth, takes away the opportunity for development, he added, suggesting that Hungary retain the opportunity for faster growth, for which a national currency is needed. He said the Hungarian currency was highly sensitive to global changes, which is never good, and these fluctuations were unnatural.

On the budget deficit, he indicated that a deficit of 4.5 percent is targeted for this year, and 3.7 percent for next year, and the deficit should definitely be kept under 4 percent. He argued that it was very difficult to manage a budget deficit of over 3 percent, that would mean the country remanining on a “continuous debt path”.

He said that it should be Hungary’s strategic goal to reduce the budget deficit and the state debt and sooner or later move into a creditor position, “so that we do not go to others for money, but others come to us”. He also noted that he had never been a supporter of the kind of economic stimulus that carried financial risk, for example, of the budget deficit shooting up or the previously planned balance path being overturned.

He recalled that Fidesz had probably won every election in a way that the budget deficit in the election year was lower than in the preceding year, adding that he considered this a serious professional feat. Hungary must always avoid political and economic adventures that would lead to a collapse of financial stability. This idea is also embodied in the person of the new finance minister, he said.

The government’s job is not to deal with the opposition, that should be left to the parties, he said. The government’s job is to deal with the country, the problems, the challenges, the people. Orbán said he would not like the emergence of new political styles and tools in politics to divert the Hungarian government’s attention from its tasks and duties. This is why he would not take part in such debates, he said, adding that he would never argue with people whose masters are in Brussels because he had an argument with Brussels.

Orbán said it had been his destination for many years to have the Hungarian opposition led by Brussels’ agents. This has been so since Hungary announced that it had its own path and was willing to take on the debates with Brussels. Since then, at every election, he could see that everything was being done in Brussels to achieve a change of government in Hungary and they never denied this.

Regarding the elections, he said his experience had shown that the one who remained calm and composed and “did not burden” the electoral system for at least a year before the elections always did well. Hungary’s election laws stipulate how electoral districts should be shaped based on demographic data; “it is not up to the discretion of the parliamentary majority,” Orbán said.

Orbán said “proposals suggesting that parliament should exceed the modification stipulated by law … were removed in the debate, and only the legally necessary changes have been made.” He also added that the government was not preparing to introduce further changes to the electoral system. Answering a question, Orbán said children’s homes need to be granted sufficient financing to ensure “safe, healthy, and high quality food” to their dwellers. The government “does not economise on children”, he added.

Meanwhile, the prime minister highlighted outgoing national bank governnor Gyorgy Matolcsy as an outstanding economic policy expert, that had “always made sure that the resources to finance welfare, health, and education services were in place”. He added that the budget was “in order” in Mihaly Varga’s finance ministry, and said he hoped it would remain so under Marton Nagy, the incoming minister.

“We always have money for the areas that require it most,” Orbán said, and mentioned railway stations for example. Railway services will continue to be provided by the state, he said, adding that private capital would be involved to run cafeterias and shops at railway stations. The prime minister said the Hungarian economy was competitive, but added that it had its problems and energy was the “Achilles-heel”.

An increase in energy prices caused by the war in Ukraine and the sanctions heavily impacted Hungary’s competitiveness, he said, adding that “10 billion euros have evaporated” from the Hungarian economy. One of the most important task for the industrial policy is to ensure cheap energy resources, he said.

Answering a question concerning the exchange rate of the national currency, Orbán said the rate was affected by “innumerable factors” including speculation, government performance, the general financial situation, stability, the budget deficit and the state of other currencies.

He said fluctuations in the exchange rate were more impacted by individual factors than by the actual state of the Hungarian economy. “It is not possible that there is a 10-15 forint drop or increase, while the economy stays the same … I don’t think the structure of the Hungarian economy could change from Monday to Thursday.”

On another subject, Orbán warned that Ukraine’s possible joining the EU could destroy the Hungarian and even the European agriculture. That is why agrarian countries of the bloc are forming a “strong alliance” aimed at “rationalising” Ukraine’s approaching the EU “so that we are not killed” by imports from that country, Orban said.

Concerning guest workers in Hungary, Orbán said regulations had been made to allow for an opportunity to expel guest workers from the country, and “allowed each country sending workers to Hungary some time to pass their own legislation ensuring return”. He said Hungary would not receive guest workers from countries failing to pass such legislation or failing to sign a relevant agreement with Hungary, starting on January 1. Under the changes guest workers from “ten or so” countries will not be received in Hungary from January 1, he said.

Concerning his peace mission, Orbán said he could “hardly wait for somebody to take over”, adding that it would happen when the new US president were inaugurated. He added that the mission was above Hungary’s means and “Donald Trump’s entry will restore the correct order of things.”

On the subject of community funding and Hungary’s possible losing of 400 billion forints, Orbán said “Hungary will not lose out on any resources … one loses a handkerchief, not their resources … it is not possible.” He said the government would “secure the funds due to Hungary”. “Hungary will get all funds it is entitled to,” he added.

Referring to Poland’s Mateusz Morawiecki, the new leader of European Conservatives, Orbán said he had had a decade-long friendship with him, adding that they had had talks since Morawiecki’s election. Orbán said his Patriots group and Conservatives were “different camps” but they saw eye to eye on major issues and the two groups could even build institutional cooperation in the long run.

“When that happens we will open a bottle of champagne and overcome the Socialists in the European Parliament,” Orbán said. “When we have grown large and have greater gravity, we’ll accept parties from the European People’s Party, and we’ll be the greatest,” he added.

Concerning his visit to Bulgaria the previous day, Orbán said energy deliveries to Hungary via Ukraine were going to get more dificult and it was better to assume that nothing would come from there. With the help of Bulgaria and Romania, in cooperation with them, Hungary has the routes and the resources to ensure that Hungarian households and the economy do not suffer, he said.

Fielding another question, he said the government would not give up its energy procurement plans, it is negotiating with both the Russians and the Ukrainians. He noted that Russia’s Lukoil wanted to sell one of its refineries in an open tender, and Hungarian oil and gas company MOL is one of the seven bidders, as the only European Union company. The decision will be taken by the Bulgarians, he added.

In Romania, MVM has indeed bought out one of E.ON’s companies, he confirmed to another question, adding that there were unclear issues and the Romanian prime minister also suggested that a working group be set up to clarify these.

On the Romanian presidential election, he said he believed Romania had acquired very valuable knowledge. “They know something that we don’t, something happened there that hasn’t happened here yet,” he said. Orbán said he had asked the Romanians to hand over all the information, and he received a promise to do so from the Romanian prime minister, after the investigations were concluded.

Orbán said he did not want to raise the issue of the political asylum of former Polish justice minister Marcin Romanowski to a prime ministerial level. He said his aim was to keep Hungary’s conflicts with Poland at a manageable level, so he would not comment on the Polish rule of law situation either.

The decision on granting political asylum has a procedure that must be followed, he said. A study was prepared that fully revealed what the situation was in Poland, and the minister who has the right to decide on political asylum made a decision based on this, he added.

On Hungarian-Polish relations, he said the two countries had common interests, especially in Brussels, that neither country can enforce separately, only together. This is an interstate relationship that must be saved from the world of party relations because the latter are in a terrible state with the Polish governing party at the moment, he said.

On the fact that Hungary granted a loan to North Macedonia with very favourable conditions, the prime minister said it was Hungary’s interest that there should be political stability in the region south of it. He said the government also gave a loan to Bosnia and negotiated with Albania as well.

On the situation in Gaza, he said it was unacceptable that people should be held in cellars as hostages, and on Syria, he said that a change had begun but there was as yet no one in control of the processes. Several countries must cooperate here so that the recent developments will not lead to a second terrorist state but to consolidation, he said.

On a possible expansion of the NATO budget, Orbán said it was already tough on Hungary that defence spending had to be raised over 2 percent of GDP, adding that he would like to see conditions allowing this to be reduced but the world was moving in the opposite direction.

This 2 percent has been treated by everyone as a matter of loyalty in the recent period, he said, so Hungary had to meet this. If the 2 percent had to be increased, that would “shoot the Hungarian economy in the lungs,” he said. Even if Hungary did come under pressure to do this, Orbán said he could only conceive of a staggered increase, adding that he would like to avoid this, and he had not yet talked about the issue with President-elect Donald Trump.

Answering a question on the national consultation, Orbán said it was clear that the Hungarian public was the most interested in economic issues above anything else. He said the result of the national consultation confirmed the government’s work and made it easier and simpler, so the consultations will be continued.

The prime minister dismissed it as a rumour that under construction minister Janos Lazar’s direction, the Information Office kept the staff of the European Union’s Anti-Fraud Office under surveillance.

Fielding a question, he said the renovated building of the Finance Ministry would be handed over next February, and the Interior Ministry would move there (as the Finance Ministry would merge into the National Economy ministry from January). The government is also considering the possibility of the Ministry of Defence moving into the current building of the Interior Ministry, he added.

He noted that the state currently paid 60 billion forints a year on renting government properties, and it is unhealthy that the state should be present on this market with such weight. The aim is to have state institutions in their own state-owned properties in the long term, he said, adding that this was not as important as the issue of hospitals, education or justice, but this must also be taken care of. He said it was a financially sensible solution.

Concerning a question about his family’s assets, Orbán said his asset declarations were public, and his family had always observed the relevant law. “My life is an open book; I am always at the public’s disposal,” he said. Orbán said the prime minister was not supposed to deal with business but “with public affairs only”.

Answering another question about the ramifications of a scandal around a presidential pardon earlier this year, Orbán suggested that it had not impacted his Fidesz party’s position, with Fidesz garnering 45 percent of the votes in the European parliamentary elections.

He also suggested that a dispute that broke out within the Reformed Church after the scandal was their internal affair. He also added that decision makers must not pass responsibility for their own moves onto their advisors. He said advisors should take “spiritual responsibility” for possible incorrect advice “but that is no longer our business.”

Orbán said religious organisations operated separately from the state, without any state intervention. “The church discussed and settled this case within their own circles and the atmosphere may have calmed down,” he said.

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Exciting: Wizz Air to offer 11 new flights a week to the Mediterranean from Budapest in 2025!

TUI and Wizz Air have teamed up to significantly increase the number of flights from Budapest in summer 2025. Instead of the current four flights a week, eleven flights will now be available from the Hungarian capital, including routes to popular destinations such as Cyprus, Turkey, and the Greek islands. This ambitious development will provide travellers with enhanced opportunities to reach their favourite holiday destinations with ease. 

According to Turizmus, as part of this expansion, Budapest will now offer three flights per week to Larnaca and two flights per week to both Heraklion and Antalya. Additionally, two new Greek destinations—Rhodes and Zakynthos—have been added to the programme. These updates make TUI’s summer offerings especially appealing to those seeking seaside holidays.

Flights from Vienna Airport are also being increased. In partnership with Wizz Air, TUI will provide three flights per week to Corfu and two flights per week to Zakynthos, Madeira, and Tenerife. These new options complement Austrian Airlines’ summer programme, which includes three flights per week to Burgas as well as additional flights to Chania.

Additional amenities for passengers

On TUI and Wizz Air flights, passengers will benefit from complimentary airport check-in, one 10 kg hand baggage allowance, and one 20 kg checked baggage allowance. These added amenities, combined with competitive ticket prices, make the offer particularly appealing to budget-conscious travellers.

TUI also offers an extensive selection of accommodation options alongside its flights. Its own-brand hotels include the TUI Kids Club Roda Beach Resort & Spa on the island of Corfu, which features lush gardens and a family-friendly sandy beach. For travellers prioritising affordability, the TUI Suneo Perla in Sunny Beach, Bulgaria, is an excellent choice.

Wizz Air’s ‘All You Can Fly’ programme back on offer

According to Világgazdaság, Wizz Air has relaunched its “All You Can Fly” membership programme, which offers unlimited flights for one year for EUR 599. However, the programme comes with certain restrictions. For instance, passengers can only book seats for available destinations, and bookings must be made at least 72 hours prior to departure. After paying the membership fee, the first flight is free, but each subsequent ticket costs EUR 9.99.

The “All You Can Fly” scheme has proven immensely popular. During its previous promotion, when it was launched at introductory prices, 10,000 memberships sold out within just 48 hours. In this latest round, the offer is again available in limited quantities. This programme is particularly attractive for frequent flyers travelling to short-haul destinations.

The collaboration between TUI and Wizz Air continues to expand travel options for holidaymakers. Ongoing developments and improvements in passenger comfort are making the travel experience more enjoyable than ever, whether for family holidays or cost-effective short getaways. This dynamic growth in services is set to attract even more travellers in the upcoming season.

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Hungarian FM Szijjártó: Energy security must be protected from unilateral actions at UN Assembly

szijjártó un energy

Hungary’s foreign minister said in New York on Thursday that the international community had to make sure that no country takes unilateral steps putting the safe energy supply of another country at risk.

The foreign ministry cited Péter Szijjártó as saying at the UN General Assembly’s session focusing on sustainable energy that meeting the radically increasing global demand for electricity was one of the world’s important challenges today. He underlined that the use of nuclear energy for peaceful purposes guaranteed a “good platform” for East-West cooperation, noting the expansion of Hungary’s Paks nuclear power plant as an excellent example of cooperation among several countries.

Hungary rejects all initiatives which are aimed at negative discrimination against nuclear energy which lack any scientific approach, any kind of fact-based approach, he said, calling them “clearly and purely ideological attacks”. He noted that Hungary was investing in increasing nuclear capacity in a way to guarantee a safe supply of electricity, ensure low energy prices, protect the environment and make Hungary independent and protected against the volatility of international energy markets.

“Hungary rejects and considers it totally unacceptable if any country makes unilateral steps to interfere in the composition of the energy mix of another country…or puts the safe energy supply of another country at risk,” he said, adding that “all countries must refrain from such steps”. “The safe supply of energy is a matter of national security, and matter of national sovereignty as well,” said the minister. Unilateral steps by any country putting the safe energy supply of another country at risk should be considered as an attack on national sovereignty,” he added.

He called it highly important that the international community makes sure that no country makes unilateral steps putting the safe energy supplies of another country at risk.

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Planned guest worker ban linked to Hungarian government’s fears of rising unemployment?

guest workers ban hungary

Recent reports suggest that the Hungarian government may be planning to implement a ban on employing guest workers from non-EU countries, effective 1 January 2025. This move has sparked concern among local businesses, particularly those that rely heavily on foreign workers. While the government has not officially confirmed the proposal, industry leaders are speculating that rising unemployment rates may be the driving force behind this drastic measure.

As we reported before (HERE and HERE), sources indicate that, under the new policy, workers from most non-EU countries would no longer be eligible for new work permits, with the notable exception of those from Georgia. The measure would also prevent the extension of work permits beyond the current one-year option for workers who were initially granted two-year permits. This potential legislation has left businesses, especially in sectors like manufacturing, logistics, and delivery services, anxious about the future of their workforce.

No consultation between government and businesses

The government’s decision to introduce this policy with minimal consultation has caused confusion and panic among company leaders. Some have speculated that the government is attempting to preemptively tackle expected increases in unemployment in the coming months, 24.hu reports. Concerns are rising that, as the economic situation worsens, local workers may begin losing their jobs, and the government may want to avoid visible signs of foreign labour filling those gaps.

guest workers ban hungary
Photo: depositphotos.com

For companies like Master Good, which depend on a significant number of guest workers, the move could have dire consequences. Without guest workers, these companies fear that growth could be unsustainable, and current production levels may even decrease.

Though the details of the proposed regulation remain unclear, the rapid, potentially disruptive change is concerning for many businesses. Company executives argue that such a sweeping policy change cannot be implemented without proper discussion and a reasonable adjustment period. Given the economic challenges already facing Hungary, they worry that restricting guest worker employment could further harm the economy, potentially causing a significant downturn in the country’s GDP.

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Featured image: depositphotos.com

UN Counter-Terrorism Office in Budapest to expand Hungarian staff under new agreement

szijjártó UN Counter-Terrorism Office in Budapest

The United Nations Office of Counter-Terrorism in Budapest will employ further Hungarian experts under a recently signed agreement, Foreign Minister Péter Szijjártó said on Friday.

In a Facebook post, the minister noted his Thursday talks with Vladimir Voronkov, UN’s under-secretary-general for counter-terrorism, and said a threat of terrorism was facing people in a number of places across the world, mentioning the Sahel in Africa, Syria in the Middle East, and Pakistan and Afghanistan in Asia. Terrorism, he added, had become a global challenge, affecting regions that had so far been considered safe. “The UN’s most important task should be a successful fight against terrorism,” Szijjártó said.

The UN centre in Budapest currently employs 28 people, including 8 Hungarians, he said, adding that the office was serving more and more functions, including monitoring the international movements of terrorists and coordinating actions to thwart such activities. Under the new agreement, one-third of the UN facility’s staff will be Hungarian, Szijjártó said.

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Looking for something festive and crowd-free? Budapest’s Christmas markets gain global recognition

Óbuda Advent fair christmas markets

Budapest has once again earned a place among the world’s top destinations for Christmas markets, according to a DiscoverCars.com survey. The study ranked the Hungarian capital’s festive fairs as the sixth least crowded globally, making them a perfect choice for those seeking a magical yet relaxed holiday experience.

DiscoverCars.com’s ranking was based on factors such as the markets’ duration, visitor-to-local ratio, and the city’s geographic size. Budapest scored 78 out of 112 points, standing out for its balance between festive atmosphere and manageable crowds. While the city sees a high number of visitors per resident (396 visitors per 100 locals), its density of visitors per 100 locals per square kilometre remains relatively low at 2.0, especially compared to cities like London, with a staggering 155.4.

Óbuda Advent fair
Photo: Facebook/Advent Óbudán

Budapest boasts the longest Christmas markets

Budapest’s Christmas markets also boast the longest duration among the top 10, running for 47 days. The iconic Vörösmarty Square market offers over 100 stalls filled with unique gifts, festive foods, and artisan crafts, creating the perfect backdrop for a holiday stroll. For a cosier experience, the Óbuda Advent Fair offers weekend-only festivities, including concerts and puppet shows, making it ideal for families with young children.

“Crowd management is key to enjoying Christmas markets,” said Aleksandrs Buraks of DiscoverCars.com. He emphasised Budapest’s unique charm, festive ambience, and numerous attractions, calling the markets an excellent family-friendly destination during the holiday season.

Globally, Berlin claimed the top spot with 97 points, followed by Warsaw, Madrid, Vienna, and Krakow. With Budapest ranking sixth, it remains a must-visit destination for Christmas market enthusiasts looking for a magical yet stress-free holiday experience.

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Aldi expands in Hungary: 10 new stores in 2024 and largest outlet opens in Budapest

aldi retail chain shopping

Aldi opened 10 new stores in Hungary this year, as in the previous years, and wants to continue expanding at this rate in the country, the local unit of the German supermarket chain said on Friday, on the occasion of the opening of the 182nd Aldi store in the country.

The company’s latest store, in Budapest’s District XI, is also the one with the largest sales area. With its sales area of over 1,800sqms, it’s almost twice as big as an average Aldi. The company spent HUF 19.5 billion on investments in Hungary in 2024. It had a headcount of close to 6,500 at year-end and around 270 Hungarian suppliers who supply 60 % of the products sold by the chain. Aldi had revenue of more than HUF 490 billion last year, company records show.

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Hungary granted asylum to Marcin Romanowski, former Polish deputy justice minister

Marcin Romanowski

Marcin Romanowski, the former Polish deputy justice minister, has been granted asylum by Hungary, Gergely Gulyás, the head of the Prime Minister’s Office said in an interview with online news portal Mandiner. He also said that there is a rule of law in Poland.

Hungary grants asylum to Marcin Romanowski

Gergely Gulyás, the head of the Prime Minister’s Office, confirmed the news about Marcin Romanowski’s political asylum in Hungary to Mandiner. Former Polish Deputy Justice Minister Marcin Romanowski has reportedly sought and been granted political asylum in Hungary. According to Hungarian and EU law, the asylum was granted after Romanowski faced what has been described as a breach of due process in Poland.

Marcin Romanowski
Photo: Facebook / Marcin Romanowski

Gulyás said there had been proof of the lack of fair procedure in the case of the former deputy justice minister who was arrested this summer despite being protected by immunity in his capacity as a member of the Parliamentary Assembly of the Council of Europe. Gulyás said Romanowski was released only after an official complaint had been submitted by the assembly’s president to Polish authorities. A court in Poland confirmed that the arrest had violated laws.

Serious allegations

While Marcin Romanowski faces allegations of serious crimes involving damage to state assets in Poland, his arrest occurred despite his immunity. According to Gulyás, the Hungarian state, which granted him political asylum, cannot assess the validity of the charges or access details of the Polish proceedings. He further explained that political asylum is awarded when there is significant doubt about the impartiality and independence of judicial processes in the applicant’s home country. In this instance, concerns about political influence in Poland’s legal system, particularly in Romanowski’s case, were deemed sufficient to justify the asylum, the Hungarian politician explained to Mandiner.

How will this affect the relationship between the two countries?

Gergely Gulyás underlined that Hungary did not interfere in other countries’ domestic politics but it was necessary to state that a constitutional crisis had developed in Poland since last year’s elections as a result of the Tusk government’s actions. He added that for instance, the Polish government failed to carry out the decisions of the Polish constitutional court, and “criminal law was being used as a tool against political rivals”.

The decision to grant asylum to Marcin Romanowski is unlikely to ease tensions between Hungary and Poland, but Hungarian authorities have maintained a consistent stance on asylum since 2015. They argue that individuals fleeing war or political persecution, such as former Macedonian Prime Minister Nikola Gruevski, should be granted refugee status regardless of any political disputes. Hungary emphasises the distinction between migration and the protection of genuine refugees.

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PM Orbán: the Soros network lost the USA, ceasefire in Ukraine on the horizon

PM Orbán interview

Maintaining a “strategic calm” in times of war is of crucial importance, Prime Minister Viktor Orbán told public radio on Friday.

Christmas ceasefire important

Speaking from Brussels, the prime minister noted his recent proposal of a truce and a large-scale exchange of prisoners of war in the Russia-Ukraine conflict for the time of Orthodox Christmas.

Orbán said he had started the Hungarian presidency of the Council of the European Union with a “peace mission” and “made another round” at the end of it: he visited the president-elect of the United States, had long talks with the Russian president and met the president of Türkiye, too.

Concerning his proposal for a ceasefire, Orbán said once there was no chance for “a great, overall peace agreement and the parties are not willing to agree on a long-standing ceasefire, there should at least be truce at Christmas … even at the time of the first world war the belligerents did agree that nobody should die in the front lines for at least a few days.” He dismissed possible counter arguments, suggesting that a few days would not be sufficient for the warring parties to reorganise their troops. He also added that once a ceasefire could be achieved for Christmas time, it would raise the opportunity of negotiating a longer truce later on.

PM Orbán interview
Photo: MTI

Putin considers

Orbán said he had convinced Russian President Vladimir Putin to consider his proposal, while “the Ukrainians had more of a gut reaction” but “if they sit down and think it over, they could easily change their mind, which I think would be in their interest.”

Concerning remarks by Volodymyr Zelensky, the Ukrainian president, Orbán said “one must not be provoked … we need to treat that with magnanimity”. He said that Zelensky was “the leader of a country in trouble, with foreign troops on its territory.” Ukraine has lost many millions of people because they left the country, hundreds of thousands have died … the country is full of injured people, widows, orphaned children, its energy infrastructure is in ruins and it is not clear how the country will make a living in future,” Orbán said. “The leader of such a country may make furious remarks,” Orbán said.

While the situation on the front lines of the war “changes by the day to the benefit of Russia and to the detriment of Ukraine … changes are happening in Washington, the headquarters of Western civilisation,” Orbán said. He added that those changes “will be good” for the West. “We’ll have a more normal life than before,” he said.

People fed up with war, sanctions, inflation

“Those two new developments should make us Hungarians cautious; if such great changes are about to happen, it is not worth insisting that irrespective of the changes we’ll keep doing what we have been doing,” he said, adding, however, that “apart from us there is hardly anybody else in Brussels that would think so.”

European leaders “feel that the war must be brought to an end” and the need to create a lasting, predictable security system that would make it possible for economic growth to resume in Europe. Orbán said the people were “fed up with the wartime situation, inflation and sanctions”.

Despite this, he added, “this past week the opposite of all of this has happened in the European Parliament and the European Commission”. He said the EP’s biggest parties had formed a pact and “put it in writing that they will continue doing what they’ve been doing: supporting migration, gender and the war”.

“So it doesn’t bother them that the world outside the Brussels bubble is changing, they want to keep moving ahead,” he said, adding that this indicated that the biggest problems today were in Brussels.

Lots of American money invested in Ukraine

Meanwhile, Orbán said he had been informed during his talks in the US that Europe and America had so far spent a combined 310 billion euros on the war in Ukraine. “This is a huge amount which would have been sufficient to do wonders” such as closing the gap between the Western Balkans and Europe or facilitating such development in the Sahel region that could help prevent illegal migration. “Those funds could have been spent on investment projects supporting Europe’s security, weapons factories or on the European economy,” Orbán said.

Concerning plans to give Ukraine fast-track EU accession, Orbán said “all countries with a strong agriculture have given an instant, negative reaction”. If Ukraine joins the EU “without resolving the situation of people making a living from agriculture”, farmers could go bankrupt and Hungary would be in a difficult position “to save its agriculture”, he said, and warned against a “hasty, ill-advised and too fast” procedure. He also added that the parties in the Patriots for Europe group included representatives of countries with a strong farming sector such as France, Italy, Austria, Poland, and Hungary.

Orbán: the Soros “network” lost the USA

Orbán also said there were global networks that had serious influence on public life, politics and the economy in several countries. One of these, he said, was the “Soros network”, which had “lost the US as one of its two headquarters”.

“The liberal philosophy and world view, a mighty network and global power embodied by the Soros empire, is being pushed out of America, it only has Brussels on its hands … but it has a grip on Brussels and it will pull back here.”

He said the “key to the future” was the European parliamentary opposition Patriots’ gaining a majority in the foreseeable future, adding that “the question is if we can retake Brussels from George Soros”.

Von der Leyen is not a fan of the Hungarian government

Asked if Europe had become stronger or weaker during the Hungarian presidency, the prime minister said: “It’s still here.”

He said the Hungarian presidency had solved some problems that had gone unsolved for “years or even decades”, which had earned the presidency broad recognition.

Orbán said European Commission President Ursula von der Leyen — whom he said he would “not describe as a Hungary fan” — and several European leaders “who aren’t sympathetic to Hungary” had all acknowledged the work Hungary had put into the presidency.

Among the accomplishments of the Hungarian presidency, the prime minister noted the accession of Romania and Bulgaria to the bloc’s passport-free Schengen area after a 13-year wait. “We have a shared destiny with the Romanians and the Bulgarians, though our relationship with the Romanians is colourful and contradictory, Hungary’s goal is not to hinder others, but to make sure we help each other,” the prime minister said.

Orbán also welcomed the progress made when it comes to the Western Balkan countries, highlighting the progress in the case of Serbia.

European politics, he said, had come closer to the real problems thanks to the Hungarian presidency.

The presidency may have restored some faith in the importance of performance and work, Orbán said.

The Hungarian presidency’s successes

“If we want European people to have a better life or to be able to protect the standard of living they have already achieved, then competitiveness must be improved,” he said, adding that the 27 EU member states have been able to reach an agreement on the most important issues on the path towards this.

“This means that we have a working plan, an action plan to restore competitiveness, which, as a result of our work, has been accepted by everyone,” Orbán said. “This is a common base from which we can begin to restore competitiveness,” he added.

Orbán said that these days work was “talking and communication”, and less attention was given to performance and what was actually happening.

He said Brussels had “lost touch with the reality we’re living in”. “It’s very hard to have an effect on reality with the language, legal system and political forms they use here,” he added.

Meanwhile, the prime minister said “a lot of work” had gone into drafting the 2025 budget, noting that the central bank will also have a new governor from March.

Government change

He hailed the work of György Matolcsy, the outgoing governor, noting his efforts to help hundreds of thousands of troubled forex debtors and his introduction of new elements in Hungarian economic policy.

He said that with Mihály Varga, the incumbent finance minister, replacing Matolcsy, the finance ministry will be merged into the national economy ministry, creating a new economic ministry headed by Márton Nagy.

“What’s most important is to get off to a flying start,” Orbán said, adding that the government’s aim was to be able to use the budget to enact measures as early as January that will allow families, employers, employees and SMEs to feel that “the war is over and we’re at the start of a time of peace”.

Orbán said families will be able to feel the impact of most of the measures as early as the beginning of January.

Read also:

  • Orbán government changes from January, one ministry will cease to exist
  • PM Orbán says Christmas ceasefire and large-scale POW swap are realistic

Top Hungary news: Guest worker ban concern, Wizz flights, forint’s low, e-buses, cyber criminal — 20 December, 2024

hungary news winter mátra snow

We’ve rounded up the best Hungary news from today; check them out below!

Featured Hungary news:

Crime, lie detection:

Hungarian-made e-buses:

Politics:

Business:

Orbán government changes from January, one ministry will cease to exist

The tasks of the Finance Ministry will be taken over by the National Economy Ministry from January 1, 2025, according to an amendment approved by Parliament on Friday.

The amendment was adopted with 125 votes in favour, 49 against and 7 abstentions. The Finance Ministry will be merged into the National Economy Ministry and cease to exist from December 31, 2025.

orban government mihály varga

Hungary in relatively safe position regarding energy security for next few months, says PM Orbán

Prime Minister Viktor Orbán said on Friday that Hungary is in a relatively safe situation regarding energy security for a few months, and it will be able to work together with the new government in Sofia to extend this positive period.

Orbán told Bulgarian journalists after talks with Boyko Borisov, leader of the Citizens for European Development of Bulgaria party which won the early parliamentary election in October, that he was certain that Borisov would be able to stabilise the political situation in Bulgaria. He added that it was important to Hungary and for the European Union that a stable government would be set up in Sofia.

Commenting on the issue of gas supplies, he said Borisov had always been helpful in preventing the stoppage of gas supplies from Bulgaria to Hungary. Orbán added that some 7 billion of the approximately 9 billion cubic metres of gas that Hungary receives arrives through Bulgaria, so the country played a key role in Hungary’s security.

He also said that an agreement had been made with the US to suspend the sanctions against Gazprombank for three months, so the danger has been eliminated there. Additionally, an agreement has been made with Russia about an alternative method of making payments, he added.

Commenting on sanctions against Russia, Orbán said talks were ongoing in the EU, and a decision would have to be made by the end of January. In response to a question whether the community should wait until the inauguration of the new US president concerning the issue of sanctions against Moscow, Orbán said the 27 member states had to make a decision together and proposed “strategic patience” in the matter.

Read also:

  • Orbán accuses Brussels of pushing for regime change in Hungary since 2010
  • PM Orbán says Christmas ceasefire and large-scale POW swap are realistic

PHOTOS: Brand-new, Hungarian-made articulated e-buses will serve passengers from 2025

Brand-new, Hungary-made articulated e-buses will serve passengers from 2025

The brand-new Credobus Electronell 18 will be the first articulated e-bus manufactured in Győr and Mosonmagyaróvár. The first bus was presented at Budapest’s Népliget bus station. Check out some photos in our article below.

According to Világgazdaság, the Kravtex-Kühne group presented its latest innovation in cooperation with Volánbusz at the Népliget bus station in Budapest. The lightweight vehicle’s own mass is 4 tonnes lower than that of a traditional articulated bus. It has fewer battery modules, and its operation is more economical than its competitors’. Volánbusz is to test the first Electronell model at the beginning of 2025.

Brand-new, Hungary-made articulated e-buses will serve passengers from 2025
Photo: FB/Volánbusz

Kravtex-Kühne presented the first model in cooperation with the Hungarian state-owned Volánbusz company at the Népliget bus station in Budapest on 18 December. Lóránd Bói, a deputy secretary of the Ministry of Construction and Transport, said it was their utmost priority to serve passengers with modern vehicles.

He added they could reduce the average age of the vehicles from 13 to 10 years. Kravtex-Kühne played a key part in that project since more than half of the active buses were manufactured by that company.

Dr István Krankovics, the CEO of Kravtex Ltd, said the R+D behind the buses cost HUF 1.5 billion (EUR 3.63 million), but HUF 400 million (EUR 967,000) was covered by state support.
He added that the Kravtex-Kühne group is a market leader in Hungary, manufacturing 3,000 buses. He expressed their readiness to participate in the Hungarian public transport system’s electrification.

Brand-new, Hungary-made articulated e-buses will serve passengers from 2025
Photo: FB/Volánbusz

State support for articulated e-buses

László Kormányos, the technological and operational deputy CEO of the MÁV and Volánbusz conglomerate, said 100 e-buses arrived in the agglomeration of Budapest in 2022 and 2023, but only 6 to the rural cities. In 2025, they plan to deliver 20 more e-buses in six smaller settlements.

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Good news: 2025 will be a better year in Hungary’s property market, says Duna House

Hungary property market in 2025 Duna House

After this year’s reversal of trends, a strengthening real estate market in terms of transaction numbers and prices, an ever-widening customer base, and a further 10pc expansion of the credit market are expected next year, listed real estate broker Duna House said in its forecast for 2025 on Friday.

The company said government measures, like the Home Purchase Subsidy Scheme (CSOK) Plus, housing allowance from employers used for rent and loan repayments, state-subsidised credit for young Hungarian blue-collar workers, could raise demand and from the investor side capital from government bond payments could add 20,000 transactions.

Duna House expects supply will not be able to keep up with buyer interest, so it is possible that prices will start to increase to a greater or lesser extent depending on the property type, condition and location. Annual price increase could be around 10-20pc in 2025.

Hungary property market in 2025 Duna House
Photo: depositphotos.com

The company said annual home sales this year could be around the middle of the 110,000-130,000 band, which is an approximately 14pc increase compared to 2023 and a two-year high.

Central bank issues instructions to boost competition on home insurance market

The National Bank of Hungary (NBH) has issued four executive circulars in connection with the annual home insurance campaign due in March instructing insurers and insurance brokers on best practices to boost competition on the home insurance market, the central bank said on Friday.

The NBH instructed insurers on displaying data to help consumers compare offers and switch insurers.

It also made the conditions for announcing consumer-friendly home insurance premiums more flexible to make these policies more competitive with conventional ones.

The NBH also made it clear in the customer information document that contracts cancelled during the campaign uniformly terminate on April 30 (until which date the premiums must be paid). In order to protect their property, the customers concerned must have a new insurance policy from May 1.

Another circular concerns the term discounts offered by several insurers (the principle that those who contract for a longer period pay a lower premium). Due to rapidly changing customer needs, the NBH considers a maximum three-year discount to be good practice.

In the circular addressed to insurance brokers, the NBH said it expected insurance brokers to review the policies of customers with active home insurance contracts every two years. Insurance brokers must inform customers on whether their insurance policies cover the value of the insured assets. They must also inform customers on the option of consumer-friendly home insurance.

The NBH also touched on condominiums, calling on insurance brokers to develop online calculators to help condominiums with a maximum of six apartments choose between offers. For larger condominiums, the NBH urged insurance brokers to contact their representatives in January or February in order to review the condominiums’ property insurance.

Read also:

  • Several companies in great need of guest workers shocked by Orbán cabinet’s ban proposal – read more HERE
  • Forint reaches new historic lows against EUR, GBP, USD, 420/EUR rate expected in 2025 – details in THIS article

Forint reaches new historic lows against EUR, GBP, USD, 420/EUR rate expected in 2025

The forint is struggling against the euro, the British pound, the American dollar and the Polish zloty again. Against the GBP, it reached a new historic low yesterday (505/GBP), but it fell to a historic low against the zloty as well. Experts believe that the forint would pass a new psychological barrier in 2025. However, the new Hungarian National Bank governor seems supportive towards the introduction of the euro.

Hungarian forint reached new historic lows

The Hungarian forint was at a historic low against the euro in October 2022 with 434.11. Thankfully, that exchange rate did not remain for a long time. Due to the intervention of the Hungarian National Bank, the forint was saved then. But it seems the relief was only temporary. The exchange rate of the Hungarian national currency has been worsening ever since. Yesterday, it reached 416/EUR and, experts believe, it will exceed the 420/EUR limit in 2025.

The bad news is that the value loss is gradual, and the Hungarian National Bank does not seem to want to intervene and save it. Some economists believe the Orbán cabinet is weakening the forint on purpose because they need a weak forint to preserve the country’s competitiveness and make it attractive to foreign companies for exports.

The British pound reached a historic record against the forint yesterday with 505/GBP. The American dollar also strengthened, exceeding the 400/USD limit, Portfolio wrote.

New national bank governor for introducing the euro in Hungary

According to Economx, the currency exchange rate of the euro was above 416 today, and, in 2025, we will reach the 420/EUR level.

Based on the prognosis of the Hungarian National Bank, inflation in 2025 will be between 3.3% and 4.1%. ING Bank believes the average inflation will be around 4.2%. The bank expects a significant rise in state incomes due to higher taxes. Meanwhile, they listed the currency exchange rate swings of the forint and the expected significant wage rise as risks.

The bank expects the forint to end the year at the 410-413/EUR threshold. Mihály Varga, the Hungarian National Bank’s governor after March, could not define an exchange rate that would help the Hungarian economy next year.

However, during his hearing in the Parliament’s Economic Committee, he surprised the public by openly expressing support for the euro’s introduction in Hungary. Economist Géza Sebestyén said nobody could tell when Hungary would become a member of the eurozone but added that 2035 could be a realistic target.

We wrote about the spontaneous euroisation in THIS article.

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Analysts predict a bleak future for the Hungarian forint

National Bank of Hungary launches HUF 15,000 coin