Referendum initiated against 2024 Olympics in Budapest

Parliament

A referendum is currently being initiated against Budapest bidding for the 2024 Olympic Games, with the support of opposition parties LMP and Jobbik, while ruling Fidesz says it is too late to ask the opinion of voters, Hungarian online daily origo.hu reported.

Antal Csárdi of LMP told the daily that his party sees the issue of the Olympic Games as a topic on which voters must be consulted, and his party “clearly” supports the “NO - Népszavazást az Olimpiáról” initiative, which translates as “Referendum on the Olympic Games”.

Katalin Erdélyi, one of the organizers of the initiative, said they do not agree with governing politicians making this decision on their own, the paper reported. He said that since it is an “awful lot of money”, precisely HUF 800 billion, citizens need to be involved in the decision.

If Budapest’s Voting Committee approves the initiative, organizers need to collect 140,000 signatures supporting their initiative for the referendum to be held.

The International Olympic Committee reported in mid-September that Budapest will compete against Hamburg, Los Angeles, Paris and Rome to host the 2024 Olympic Games.

Companies Spending Less on Advertising Figures

Companies Spending Less on Advertising

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.