Hungary set to buy out most of Budapest Airport

The Hungarian government still expects the Qatar Investment Authority to join the consortium later

Hungarian prime minister Viktor Orban has  championed the acquisition as part of a broader push to boost local ownership in strategic assets

Hungary is finalising the purchase of Budapest Airport, pushing ahead with a multi-billion euro  acquisition despite a fiscal crunch.

The government will initially buy 80% of the airport, with French conglomerate and airport operator Vinci taking the rest, economy minister Marton Nagy told reporters.