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The president elect's 34 criminal convictions were handed down in the summer, but they did not derail his campaign for re-election.
The coming hours will reveal whether this is enough to placate developing countries and small-island states.
Trains to and from the airport are cancelled.
Budapest was the stage of a major breakthrough in Schengen after Austria agreed to lifts its veto on Romania and Bulgaria's accession.
Ryanair, Easyjet, and Vueling are among the airlines being punished for charging passengers extra for hand luggage, among other things.
