Hungary's Orbán: This was a "murder of a dream"

Portfolio
What happened to Budapest’s bid to host the Olympic Games in 2024 was “dream murder", Hungary’s Prime Minister Viktor Orbán told public radio MR1 on Friday. After a political movement and leftist and opposition parties “murdered the dream" by collecting enough signatures for a referendum to be held on the matter, Orbán said they had to make a decision to withdraw Budapest’s application to save Hungary from the shame.
In order to win in this bidding and become the host of the 2024 Olympics Hungary would have needed unity. That is why in the two other (remaining) candidate cities, Paris and Los Angeles, they hold no referendum on the issue, Orbán said.

He thinks that if Hungary held a referendum, Budapest’s candidacy would have been squashed at the final vote and they did not want to subject the country to this risk.

He labelled the Momentum Movement, which collected over 260,000 signatures for a referendum, as the new SZDSZ (the Free Democrats), and he thinks a coalition between SZDSZ and opposition Socialist Party (MSZP) can be expected.

Asked whether he thinks Hungary will host the Olympic Games during his lifetime, he replied that according to modern medicine, life expectancy keeps rising therefore “I have a good chance of that".

As regards the public work schemes, the efficiency of which is disputed, he noted that public works will always be necessary, the question is the size. There are always several tens of thousands of people who cannot find jobs on the primary labour market, he added.
 

More in Economy

vasút
December 02, 2025 13:54

Hungarian section of Budapest–Belgrade railway line may be handed over in February

Major improvements are coming to the HÉV, but there is no money for the stations

autóipar
December 02, 2025 11:40

Hungary receives disappointing forecasts

GDP growth will be sluggish

GettyImages-2234098882
December 02, 2025 09:30

This is how the Hungarian economy failed to grow

Detailed GDP data published

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search