Budapest Parking Fees Raised
New, higher parking fees are in effect in Budapest starting today, according to a report by state news wire MTI.
The Municipal Council of Budapest decided in June to introduce a unified public parking system with 4 zones in the capital from September 5, replacing the previous system of 17 different parking zones.
Parking in Zone A will cost HUF 600 per hour between 8 a.m. and 10 p.m. Parking in Zone B will cost HUF 450 per hour between 8 a.m. and 8 p.m..
In Zone C the parking fee will be HUF 300 per hour between 8 a.m. and 6 p.m. In Zone D it will be HUF 200 per hour between 8 a.m. and 6 p.m.
Parking fees in Budapest stood between HUF 175-525 per hour prior to the increase.
Parking times in Zones A, B, and C will be limited to three hours while there will be no time limit in Zone D.
The area where motorists will have to pay parking fees will expand by around 10% with the changes.
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.