6 articles01:20 PM
Moody's has downgraded Budapest's credit rating amid a liquidity crisis fueled by a dispute with the national government, as Hungary's central administration faces heightened EU scrutiny for deviating from its agreed-upon fiscal corrective path.
3 articles08:33 PM
Hungary's Otthon Start Program, launched in September 2025 with a 3% fixed mortgage rate, has ignited a record-breaking surge in property sales and lending, driving annual price growth to a 25-year high while simultaneously depressing rental prices in Budapest as tenants become homeowners.
3 articles03:17 AM
Hungarian authorities are transferring all juveniles from the Szőlő Street detention center in Budapest, officially blaming a lack of personnel, as the number of suspects in a widespread abuse and prostitution case involving its former director rises to nine.