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Budapest Will Not 'Give Up' Student Quarter Site, Maintains Mayor Karácsony

• 13 May 2021 12:48 PM
• Hungary Matters

The city of Budapest will “not give up a single square centimetre” of the site of a planned student quarter, Mayor Gergely Karácsony said on Wednesday.

Late on Tuesday, the government submitted a bill that would establish a foundation to operate Fudan Hungary University, the local campus of China’s Fudan University, and transfer four state-owned pieces of real estate to the foundation.

“Mark the day: the day when (ruling) Fidesz turns over the site for affordable housing for 15,000 Hungarian students to the university of China’s state party,” Karácsony said.

Furthermore, Karácsony protested the government’s “wasting EU funds” and insisted that the government was handling those assets “as their own”.

The government is planning to give up on EU assistance worth a total 3,500 billion forints (EUR 9.8bn), Karácsony said, adding that “we will put our foot down and won’t allow that to happen”.


MTI Photo: Tibor Illyés

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Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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