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Sell-offs of public housing and the right's promotion of home ownership has left too many unable to afford accommodationCsaba Jelinek is an urban sociologist based in BudapestWhen I left my family home to study at university in 2007 and moved to downtown Budapest, housing costs were hardly a topic of conversation among my friends. I rented rooms in centrally located flats for £80-£100 per month. Fast forward to 2025 and a similar room in a shared flat would set you back at least £200 – double the price of 15 years ago. Talk to anyone in their 20s in Budapest today, and the deepening housing crisis will inevitably come up as one of the defining struggles of their lives.The statistics paint an equally grim picture. Between 2010 and 2024, Hungary saw the largest increase of the housing price index among EU member states. While the EU average rose by 55.4%, Hungary's housing price index rocketed by 234%. Meanwhile, per capita net income only grew by 86% in the 2010s. Budapest, the capital, is the centr...
GTF capacity to increase to 450 shop visits annually EAST HARTFORD, Conn., April 8, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Delta Air Lines ("Delta") today announced an agreement to expand GTF overhaul capacity at Delta TechOps' Atlanta facility over the......
US has exempted gas payments from Gazprombank sanctions, says Hungary foreign minister BUDAPEST, Dec 19 (Reuters) - The United States has on Thursday granted an exemption for gas payments from sanctions it imposed on Russia's Gazprombank, Hungarian Foreign Minister Peter Szijjarto said in video on his Facebook page. Speaking in New York, Szijjarto said that the US continued to ban financial transactions via Gazprombank relating to the Paks 2 nuclear plant which Russian Rosatom is building in Hun...
Hungary has formally requested an exemption from EU asylum and migration regulations, Minister for European Union Affairs János Boka announced in a Facebook post on October 7....
Hungary's Orbán Announces New 'Patriots For Europe' Alliance With Austrian & Czech Nationalists
Authored by Dénes Albert via rmx.news,
Austria's Freedom Party (FPÖ), Czechia's ANO, and Hungary's Fidesz have formed a new right-wing coalition, the parties' respective leaders announced at a joint press conference in Vienna on Sunday.
Herbert Kickl (FPÖ), Andrej Babis (ANO) and Viktor Orbán (Fidesz) announce new right-wing coalition in Vienna. (Facebook)
Hungarian Prime Minister Viktor Orbán, former Czech Prime Minister Andrej Babiš, and Austrian opposition leader Herbert Kickl said the new alliance would hopefully entice others to join and become the largest nationalist political group in the European Parliament.
“Today we are creating a political formation that will 'forge ahead' and very quickly become the strongest grouping and largest faction of the European right,” Orbán said.
The Hungarian prime minister expects this to happen within days, and then the “sky will be t...
US Ambassador Slams Hungary For Relying On Russian Energy, But US Remains Huge Buyer Of Russian Uranium
Authored by Denes Albert via ReMix News,
Taking his cue from Minister of Foreign Affairs and Trade Péter Szijjártó's recent visit to the St. Petersburg International Economic Forum, U.S. Ambassador to Hungary David Pressman used the occasion to launch yet another attack on Hungary's conservative government.
“Hungary's foreign minister makes his 8th trip to Russia since Putin's invasion of Ukraine. Hungary's government says it is the 'party of peace' while continuing to stand with Putin's party of war. Hungary's addiction to Russian energy is dangerous and unnecessary,” Pressman wrote in a Facebook post on Thursday.
“Minister Szijjártó is right: energy diversification is not a matter of ideology but one of physics. The laws of physics in Hungary are no different than the laws of physics in every single one of Hungary's EU partners, all of whom have chosen to reduce de...