Christmas Debt & Historic Property: A Unique Story

by Ethan Brooks

Budapest Officials’ Finances Under Scrutiny: Asset Declarations Reveal Debt and Rising Income

Budapest’s Metropolitan Assembly members recently released their annual asset declarations, offering a glimpse into the financial holdings of the city’s key political figures. The filings, announced Friday night, reveal a mix of property ownership, increasing debt, and growing income for the mayor, faction leaders, and several representatives.

Mayor Christmastime Faces Growing Debt

Gregory Christmas, the mayor of Budapest, continues to hold a half-ownership stake in an apartment in the II. district and a holiday home in Siófok. He also maintains a half-ownership of a 34-square-meter property in the XII. district. However, the mayor’s financial picture is complicated by a significant increase in debt. He now carries more than HUF 61 million in bank debt, a substantial rise from last year’s HUF 30 million, and owes an additional HUF 4 million to private individuals, up from HUF 3.7 million. Despite these financial obligations, Christmas earns a gross monthly income of nearly HUF 4.5 million as mayor.

Fidesz Leader Saint King Maintains Extensive Property Portfolio

Alexandra of Saint King, the faction leader of Fidesz in Budapest, remains the half-owner of two apartments in the XII. district – one measuring 102 square meters and the other 85 square meters – as well as a 49-square-meter apartment in the I. district. Her holdings extend beyond the capital, with a 728-square-meter property in Balatonkenes. Saint King also holds more than HUF 68 million in securities but carries almost HUF 51 million in bank debt. In addition to her role in the capital, she earns HUF 1.7 million gross per month as a consultant for Fidesz.

Podmaniczky Movement Leader Vitézy Inherits Wealth and Holds Significant Debt

Dávid Vitézy, leader of the Podmaniczky Movement, owns a 113-square-meter apartment in District I, along with a one-third share of an 82-square-meter property and a 67-square-meter condominium apartment in the XI. district. He has also inherited property from his parents: a portion of a house in the XII. district from his mother, Ágnes Hankiss, and a sixth of a house in Óbuda from his father, László Vitézy, who passed away two years ago. Vitézy also owns a third of an orchard in Balatongyörök and inherited an Audi A4 three years ago, along with securities. He currently owes a private individual HUF 3.5 million and holds a loan debt of HUF 45.9 million, a slight decrease from last year’s HUF 47.5 million.

Kétfarkú Kutya Párt Representative Baranyi Balances Mayoral Duties with Debt

Krisztina Baranyi, representing the Hungarian Kétfarkú Kutya Párt, owns a 128-square-meter house in Salgótarján and a one-tenth share of a 74-square-meter apartment building in the XX. district of Budapest. She owes more than HUF 15 million to the bank. As the mayor of the IX. district, Baranyi earns a gross monthly salary of HUF 3 million.

Democratic Coalition Leader Saniszló’s Finances Show Growth Despite Past Gains

Sándor Saniszló, the leader of the Democratic Coalition’s faction, owns five apartments in Budapest, located in the XVIII., I., IX., and two in the V. districts, ranging in size from 30 to 47 square meters. While he did not report a share price gain of HUF 17 million in 2025 – as he did the previous year – his savings in HUF increased by over HUF 20 million to HUF 48.5 million, and his euro holdings are close to HUF 150 million. Saniszló’s income is bolstered by his HUF 3.1 million gross monthly salary as district mayor in the XVIII. district, supplemented by nearly HUF 1.5 million from expense reimbursements and membership in the capital’s general assembly. He also owns 60% of a property in Balatonfüred.

Another Kétfarkú Kutya Párt Leader, Kovács, Expands Property Holdings

Gergely Kovács, head of the Hungarian Kétfarkú Kutya Párt’s faction, has recently acquired ownership of five properties in the XII. district, along with two forests and residential buildings. He purchased a 2014 Honda CR-V last year. Kovács reports having almost ten million forints in the bank and no credit, shares, or other high-value movable assets. He earns HUF 3 million gross (plus HUF 450,000 in reimbursement) as the mayor of Hegyvidék and HUF 1.1 million gross as a representative of the capital.

Párbeszéd Leader Barabás Sees Modest Investment Growth Amidst Significant Debt

Richard Barabás, the head of Párbeszéd’s faction, has seen few changes in his asset declaration compared to the previous year. He remains the owner of two apartments in the XI. district, renting out one for HUF 60,000 more per month than last year. Barabás also owns paintings by János Pleidell, Máté Orr, and a graphic by Ádám Széll. His investments have increased to include HUF 6.5 million in government bonds, almost HUF 2 million in shares, and HUF 2.5 million in an ETF portfolio. However, he carries a substantial bank debt of HUF 69.5 million, and earns HUF 400,000 a month as a self-employed individual in addition to his representative’s salary and rental income.

Tisza Faction Leader Bujdosó Experiences Income Boost and Portfolio Shifts

Anna Bujdosó, Tisza’s capital faction leader, continues to own 90% of her 116-square-meter condominium apartment in Üröm and her Toyota CHR, purchased in 2021. Her securities portfolio has grown slightly, and she holds 12,322 shares of Shell, currently valued at approximately HUF 147 million. Her pension insurance and private pension fund savings have also increased. However, her bank account holdings have decreased significantly, from HUF 13.7 million to HUF 1.6 million. This loss is offset by increased income: she now declares a monthly income of HUF 1.1 million as a self-employed individual, along with HUF 1.6 million in quarterly employee stock dividends and HUF 1.5 million from the sale of employee shares. She reports no debts or economic interests.

These asset declarations provide a snapshot of the financial lives of Budapest’s political leaders, highlighting both their wealth and their financial obligations as they navigate the complexities of public service.

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