Foreign Property Buyers on the Rise in Hungary: Pope Francis Visits, Croatia Pays $200 Million
Hungary News Roundup: More Foreign Investment in Real Estate, Political Developments, and Easter Celebrations
In the latest news from Hungary, non-EU citizens are showing increased interest in investing in Hungarian property. The latest real estate figures reveal a growing trend of international investments in the Hungarian market.
A recent protest in Hungary against the Orbán government was quickly interrupted by police, showcasing the ongoing tensions between the government and dissenting voices in the country.
In other news, Hungary mourns the death of Pope Francis, with a top Hungarian official set to represent the country at the funeral.
As Easter approaches, Hungary prepares for the holiday with a photo gallery capturing the essence of Hungarian Easter celebrations. An armed guard of honour also holds a rare Easter ritual in a Hungarian church, adding to the festive spirit in the country.
On the political front, Orbán references ‘lost sovereignty’ in a reversal on Ukraine’s EU membership, signaling a shift in Hungary’s stance on the issue. Additionally, Hungarian Foreign Minister hosts Austria’s Parliamentary President Rosenkranz for talks in Budapest, hinting at potential collaborations between the two countries.
In the business sector, rising costs and labor shortages drive Hungarian agriculture to hire Filipino guest workers, highlighting the challenges faced by the industry. Hungary also outperforms Czechia and Slovakia in a fresh EU wages ranking, showcasing the country’s economic growth and stability. Furthermore, a U.S. court rules in favor of MOL, ordering Croatia to pay $200 million in damages.
In infrastructure and sports news, one of Budapest’s most important roads is set to be renewed, with redevelopment plans in place to improve transportation in the city. Additionally, a guide to free outdoor fitness in Budapest offers residents and visitors a chance to stay active and healthy in the city’s beautiful outdoor spaces.
Overall, Hungary continues to experience developments in various sectors, from real estate and politics to business and sports, painting a dynamic picture of the country’s current landscape.
