The city administration has officially applied for EU subsidies for a planned bike-sharing system along the lines of Paris's Velib (which uses Hungarian-made bicycles -- pictured) and Barcelona's Bicing systems.
According to the post in Caboodle.hu, the system will include 1,009 bicycles parked at 73 automated racks and cover a seven-square-kilometre section of downtown. Users would be able to ride the public bikes free of charge for the first half hour, and then have to pay the price of a BKV ticket for the second half hour.
According to the earlier decision by the City Council, the system would at first be confined to the central districts of Pest, and gradually expand outward and across the Danube to Buda. The system would not debut before 2011.