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Posted in Daily News Hungary

Life in a dying democracy – an American journalist about Hungary

Vox’s Zack Beauchamp came on a trip to Hungary to study the political situation and he shared his experiences in a podcast (mp3) titled ‘Democracy…

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Posted in Hungary Journal

Szajer: Migration issue to dominate 2019 EP elections

Those parties will be successful at next spring’s European Parliamentary elections that represent the public’s opinion about migration, MEP Jozsef Szajer said in an interview…

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Posted in Daily News Hungary

Want to smoke without cigarettes? Just take a walk in Budapest

Summer vacation in major European cities may result in health issues due to the heavy air pollution and breaches in the air pollution standards. As…

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Posted in Hungary Today

Meet the Ukrainian Singer from X-Faktor that Hungarians Fell in Love with – Exclusive Interview

It’s a sweltering day in July and Dmitrij Gorbunov (known as Dimitrij) and I are sitting outside at Deák square, with our feet dipped in…

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Posted in Daily News Hungary

Syrian-Canadian performer harrassed at Hungarian Sziget Festival

Danny Ramadan, a gay activist and author, born in Damascus has been seriously beaten at Sziget Festival in Budapest. As Nlcafé.hu reports, the abused author…

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Posted in Hungary Journal

Gulyas: No agreement on migration possible

“In the light of the Swedish government’s interventions to Hungarian affairs, I’m looking forward to the elections in Sweden”, Hungarian Minister Heading the PM’s Office,…

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Posted in Daily News Hungary

The unique Mummies of the World exhibition is finally in Budapest

If there is an exhibition you should not miss this year, then this is it – Funzine.hu warns you. The Mummies of the World exhibition…

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Posted in Daily News Hungary

S+P affirms Hungary ‘BBB-/A-3’ ratings; outlook ‘positive’

Standard and Poor’s Global Ratings on Friday affirmed Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings. The outlook on the ratings…

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Posted in Daily News Hungary

Szilvásvárad equestrian centre to open today – PHOTOS

The Szilvásvárad Lipizzan Equestrian Centre, a major project in Hungary’s Kincsem Equestrian Programme, will open today. Speaking on the eve of the opening, Farm Minister…

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Posted in Daily News Hungary

4+1 Hungarian interior design brands you must know about

We have already suggested Hungarian cosmetics brands, or written about Hungarian fashion brands gaining international fame. Now NLCafé luckily compiled a list of five up-and-coming…

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Posted in Hungary Today

I Packed My Stuff and Left My Soul”: an Exclusive Interview with Ukrainian X-factor Star Dmitrij Gorbunov

It’s a sweltering day in July and Dmitrij Gorbunov (known as Dimitrij) and I are sitting outside at Deák square, with our feet dipped in…

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Posted in Daily News Hungary

Orbán cabinet launching campaign to promote foster parenting

The Hungarian government is preparing to launch a nationwide campaign in the autumn to promote foster parenting, a human resources ministry official said on Friday….

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Posted in Daily News Hungary

A handy traffic and program guide for the August 20 long-weekend in Budapest

As the annual State Founding (August 20, Monday) celebrations commence, Index warns that the Hungarian capital city’s public transportation will undergo considerable changes: several roads…

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Posted in Daily News Hungary

EasyJet introduces two new flights to the UK from Budapest

Travelo.hu writes that the British low-cost airline, EasyJet just announced that two new flights will be available for the 2018/19 winter season: the first one…

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Posted in Daily News Hungary

National Bank of Hungary deputy-governor urges more nuanced assessment of FX debt

National Bank of Hungary deputy-governor Márton Nagy suggested investors should take a more nuanced approach to assess the size of Hungary’s foreign currency debt and…

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Posted in Hungary Today

Hungarian Roots: Paul Lukas, The Only Hungarian Oscar Winning Actor

In our Hungarian Roots series, we write about celebrities – artists, actors, musicians, sport stars and scientists – who have some Hungarian origin, yet only…

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Posted in Hungary Today

Hungarian State Will Take an Increasingly Economical Approach Due to Upcoming Financial Crisis

Along with the rest of the world, Hungary has also been discussing the next financial crisis. The following year’s budget already contains elements from the…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungarian households keep savings in cash, bank account

Net lending of households was equivalent to 5.8% (HUF 2,283 bn) of quarterly GDP in the four quarters to Q2 2018 and to 6.3% (HUF…

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Posted in Hungary Today

Esztergom, the City of St. Stephen – Hungary in Pictures

Did you know people share millions of photos with #Hungary and #Hungarian hashtags on Instagram? In our weekly Instagram compilation, we are now exploring a…

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Posted in Daily News Hungary

Soaring real estate market, wiser Hungarian buyers

According to Forbes.hu, Hungarians develop together with their real estate market: as the market is expanding, we tend to take out better loans with fixed…

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Posted in Daily News Hungary

Special parliament session on home-care service fees, FX borrowers fails to reach quorum

A special session of parliament initiated by opposition parties to debate their proposals on increasing home-care fees and helping troubled forex mortgage holders failed to…

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Posted in Hungary Journal

Migration Aid to found a party

Hungarian NGO Migration Aid announced on its Facebook pagethat they are going to found a party on April 20. According to Migration Aid, this way…

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Posted in The Independent - Hungary

Sziget festival 2018 review: A wonderfully unique few days

Featuring seven headliners, ranging from dull (Kygo) to unstoppable (Arctic Monkeys) Powered by WPeMatico

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Posted in Daily News Hungary

Currency exchange – Hungarian Forint – 17 August 2018

17 August 2018 Currency Currency name Unit Value in HUF CHF Swiss Franc 1 284.98 EUR Euro 1 323.53 USD US Dollar 1 283.87 Here…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary public debt reaches 74.5% of GDP in Q2

Hungary’s general government consolidated gross debt stood at 74.5% of GDP at the end of the second quarter, the third quarter in a row when…

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Posted in Daily News Hungary

Survey – Hungarian youth worries about financial problems

The latest Magyar Ifjúsági Kutatás [Hungarian Youth Study] has been made public, and it reveals a lot of interesting (and concerning) things about the younger…

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Posted in Hungary Today

Two-Third of Young Hungarians Have No Plans to Work, Study Abroad

About two-thirds of Hungarians between the ages of 15 and 29 have no intention of either living or working abroad in future, the human resources…

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Posted in Daily News Hungary

Improved tax morale could bring tax gap under 10 pc, says Hungarian finance minister

Improved tax morale that comes with measures the government has taken to crack down on tax evasion, such as the introduction of online invoicing, could…

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Posted in Daily News Hungary

Five new flights introduced in Budapest winter timetable

Five new airline services will be introduced in Budapest in the 2018/2019 winter timetable, with Wizz Air, EasyJet and Polish airlines LOT connecting the Hungarian…

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Posted in PORTFOLIO.HU - Online Financial Journal

E.ON Hungary signs HUF 1.6 bn laptop deal with 4iG

HUMANsoft, a dully owned subsidiary of publicly traded IT group 4iG, has signed an EUR 5 mn (HUF 1.6 bn) deal to supply IT equipment…

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Posted in Daily News Hungary

Temporary, seasonal employment in Hungary on the rise

The number of Hungarians who did temporary or seasonal work rose by 7 percent to 631,000 in the first half from the same period a…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary faces shortage of cleaners

Labour shortage in the cleaning industry, which employs upwards of 50,000 people, is at least 20%,Világgazdaság reported on Friday. Labour shortage has been a problem…

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Posted in Daily News Hungary

Success: first Hungarian gold medal ever on the International Geography Olympiad

The Hungarian team acquired one gold, silver and bronze medal – reported index.hu. According to the event’s website, the International Geography Olympiad (iGeo) is an…

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Posted in Hungary | The Guardian

EU urged to step in after Romania protests led to violence

European commission called on to defend rule of law in wake of injuries at protests EU authorities are facing calls to defend the rule of…

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Posted in Hungary Today

Acrobats, Confetti, Colours: Sziget Festival’s Closing Party in Pictures

As we have previously reported, Budapest’s world-famous Sziget Festival closed its gates with a record number of 565,000 visitors on   with dust-storm, heavy rain,…

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Posted in Hungary Journal

NYT: Trump befriends Orban

It was a huge victory for the Hungarian government when the US State Department cancelled its grant to fund independent rural media in Hungary, former…

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Posted in Daily News Hungary

Guardian: breach in Hungarian media & press freedom due to government take-over

According to the prestigious online magazine, The Guardian, Hungarian media landscape is at least concerning under Viktor Orbán’s illiberal regime. After the fall of Lajos…

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Posted in Daily News Hungary

Five Hungarian universities among the best in the world

Eduline.hu announced that the latest ARWU list is available. The Academic Ranking of World Universities has included five Hungarian universities among the best 1,000 this…

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Posted in PORTFOLIO.HU - Online Financial Journal

Property funds drive growth in Hungary investment market in July

The share of property funds in the domestic investment market grew to 20.7% in July as assets managed by investment funds in Hungary neared HUF…

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Posted in Daily News Hungary

Jobbik launches campaign for men’s early retirement

Conservative opposition Jobbik on Thursday announced that it has launched a nationwide campaign to allow men to retire after 40 years of work, an option…

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Posted in Budapesttimes

Flag of freedom hoisted

Some 200 members of Hungary’s Indian community and friends of India gathered at the Residence in Budapest’s District II on August 15 for the annual…

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Posted in Hungary Today

Fucsovics Enters the 3rd Round of Cincinnati’s ATP 1000 Tennis Tournament

Hungary’s no. 1. male tennis player, Márton Fucsovics, made his way into the 3rd round of Cincinnati’s ATP 1000 tennis tournament following two thrilling victories….

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Posted in Daily News Hungary

Hungarian women are part of a new skydiving world record

Fifty-seven women have taken part in a synchronised skydive in Ukraine, setting a new world record, writes BBC. RTL conducted a report with the Hungarian…

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Posted in Hungary Today

Eight Hungarian Films Selected to Screen at The Montreal World Film Festival

A total of eight Hungarian films were selected by the 42nd Montreal World Film Festival, held between 23 August and 3 September.  Every year, the…

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Posted in Daily News Hungary

Top Advantages of a Professional Writing Resource

Have you ever dreamed about having good grades without that irritating academic writing? Surely you have. Perhaps, to have enough time or rest you look…

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Posted in Hungary Today

Budapest Police Continue Their Search for Missing 12-Year-Old Boy

Police continue their search for a 12-year-old boy who disappeared from Budapest’s XV district (Rákospalota) on August 15.  Kodi Bernát Marcell is a 12-year-old boy with…

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Posted in Daily News Hungary

Currency exchange – Hungarian Forint – 16 August 2018

16 August 2018 Currency Currency name Unit Value in HUF CHF Swiss Franc 1 286.47 EUR Euro 1 323.81 USD US Dollar 1 284.49 Here…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary to pay extra pensions this fall if growth keeps up

Hungarian pensioners can expect a so-called pension premium if economic growth makes it possible, the Finance Ministry told state news wire MTI on Thursday. The…

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Posted in Hungary Today

Samsara Festival: In Nature We Escape – Photo Album!

Between August 6-12, Hungary hosted the fourth Samsara festival, a week-long celebration of the free spirit, love, peace, and unity near Töreki-Siófok by the Lake Balaton….

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary debt manager sells HUF 61.5 bn in bonds

Hungary’s Government Debt Management Agency (ÁKK) allotted 61.5 billion worth of government bonds at its biweekly auctions on Thursday instead of the planned HUF 50…

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Posted in Daily News Hungary

Animals have been stolen from a small Hungarian zoo

The family-run Zoo at Parádfürdő has been a popular destination among families and tourists. The zoo has been open since 2006, and now, after an…

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Posted in Daily News Hungary

S+P to review Hungary’s credit rating on Friday

Standard and Poor’s Global Ratings is scheduled to review Hungary’s sovereign credit rating on Friday. This will be the second and last scheduled sovereign credit…

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Posted in Daily News Hungary

Overheated iridium container shuts down Liszt Ferenc 2B terminal briefly

Terminal 2B of Liszt Ferenc International Airport was shut down briefly late Wednesday because of an overheated container of an isotope, a spokesman for the…

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Posted in Budapesttimes

Ring the changes

Next year’s 34th Formula One Hungarian Grand Prix is set to occupy a full week rather than just a weekend, Minister of Foreign Affairs and…

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Posted in Hungary Today

Liszt Ferenc Airport was Shut down Wednesday Due to a Leaking Isotope Container

Terminal 2B of Liszt Ferenc International Airport was shut down briefly late Wednesday because of an overheated container of an isotope, a spokesman for the…

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Posted in Budapesttimes

Debrecen at the wheel

German car manufacturer BMW is to build a EUR 1 billion-plus factory to make conventional and electric cars in Debrecen. Powered by WPeMatico

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Posted in Budapesttimes

Volunteers needed for the Nursery Project

“Service is the rent we pay for living. It is the very purpose of life and not something [we] do in [our] spare time.” Whether…

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Posted in Budapesttimes

Palanok pearl

Although steeped with much Hungarian history and legend, Palanok Castle has outlived the former empire and more during the course of its millennium. This remarkable…

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Posted in www.kormany.hu - News

Data show great economic performance in the first half of 2018

Hungary’s economy grew year-on-year by 4.6 percent in the second quarter and by 4.5 percent in the first half of 2018. These data show that…

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Posted in Daily News Hungary

Regional farm ministers press for equal protection of agribusinesses, regardless of size

The farm ministers of the Visegrad Group — Hungary, the Czech Republic, Poland and Slovakia — together with their counterparts from Bulgaria, Croatia, Slovenia and…

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Posted in PORTFOLIO.HU - Online Financial Journal

Fuel sales continue to grow in H1 in Hungary despite high prices

Sales at Hungarian fuel stations continued to grow in the first half as motorists bought 8.2% more fuel than in H1 2017, the Hungarian Petroleum…

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Posted in Budapesttimes

We meet on Astana Street

The Cities Mayors Forum “Global Silk Road” was held in Astana at the beginning of July, and highlighted the need for digitalising and cooperation between…

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Posted in Budapesttimes

More than beer and sausages

Germany gave the world the word schadenfreude, and some parts of the world were happy to throw it back at them when the Germans flopped…

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Posted in Daily News Hungary

Budapest Airport Terminal 2B closed by the National Disaster Management

Index.hu reports that the National Directorate General for Disaster Management closed terminal 2B while the authorities were inspecting the scene. Index contacted the airport’s spokesperson Mihály Hardy, finding out…

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Posted in Daily News Hungary

Hungarian union confederation urges consultations on planned public admin staff cuts

The Hungarian Trade Union Confederation is urging consultations about planned staff cuts in public administration. It is unacceptable that the Orbán cabinet has announced plans…

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Posted in Daily News Hungary

Hungary expresses condolences to Italian counterparts over Genoa bridge collapse

Hungarian President János Áder has expressed his condolences to his Italian counterpart Sergio Mattarella over the collapse of a motorway bridge near the port city…

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Posted in Daily News Hungary

Borat at the Sziget festival

The Sziget festival had a world famous visitor this weekend: Sacha Baron Cohen, aka Borat. This is even more interesting since one cannot even find…

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Posted in Daily News Hungary

Incredible: Schwarzenegger got back his trophy from a Hungarian powerlifter – video, photos

The American star won it on the Mr Universe competition in 1969, London. However, his mother gave it to a stonemason working for her in…

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Posted in PORTFOLIO.HU - Online Financial Journal

Corporate loan stock up 15% y/y, Hungary central bank says

Corporate lending is at a new peak as the stock of debt owed by domestic businesses grew nearly 15% over a year to the highest…

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Posted in Hungary Journal

Officials express sympathy over Genoa bridge collapse

Hungarian President Janos Ader has expressed his condolences to his Italian counterpart Sergio Mattarella over the collapse of a motorway bridge near the port city…

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Posted in Daily News Hungary

Finance ministry of Hungary expects 4.3 pc GDP growth in second half of 2018

The finance ministry has calculated that GDP could grow by 4.3 percent in the second half of the year compared to the same period a…

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Posted in PORTFOLIO.HU - Online Financial Journal

Trade unions outraged over gov't bureaucrat axe plan

It is unacceptable for the government to announce a 15 to 20% cut in central public administration headcount without prior talks and impact studies, the…

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Posted in Hungary Today

Press Roundup: Gender Row Rolls on

After a few critical remarks from conservative commentators, the government’s plan to ban gender studies MA courses is now splitting the media along the usual…

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Posted in Hungary Today

Sziget 2018: 9 Millionth Visitor, Record Number of Festival Goers and Last Concerts in the Rain

Budapest’s world-famous Sziget Festival closed its gates yesterday with a dust-storm and heavy rain. After three days with a full house, it wasn’t a question…

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Posted in Daily News Hungary

Great! Budapest Dagály Bath was opening again!

We have been eagerly waiting for the re-opening of the Dagály Bath and Danube Arena complex that is awaiting visitors with the biggest swimming pool…

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Posted in Hungary Today

Can Hungary Defend itself Against Climate Change?

The increasingly hot summers and severe natural disasters experienced in recent years have made researchers and the political elite pay greater attention to climate change….

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Posted in Hungary Today

MOL Vidi Secures Its Spot in Either Group Stage of the European Cups

In a sweaty and tactical, rather than eventful, game with an efficient defense, Vidi made its way into the next round and will play in…

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Posted in Hungary Today

PMO Head’s Regular Press Briefing: BMW, Gender Studies, Public Administration, Skyscrapers, Wheat Supply

The factory German car manufacturer BMW will build in Debrecen demonstrates the long-term stability and strength of Hungarian-German relations, the head of the Prime Minister’s…

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Posted in Daily News Hungary

Péter Rádi elected to succeed Patyi as head of the National Election Committee

The National Election Committee (NVB) on Tuesday elected Péter Rádi as its new chair after András Patyi resigned the position. András Patyi, Photo: MTI Patyi,…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary Mol to raise diesel prices on Friday

Hungarian oil and gas group Mol is to raise the wholesale list price of diesel fuel by HUF 3 per litre on Friday, while leaving…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary Mol to lower diesel prices on Friday

Hungarian oil and gas group Mol is to raise the wholesale list price of diesel fuel by HUF 3 per litre on Friday, while leaving…

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Posted in Hungary Today

Új Nemzedék Központ: Majority of Hungarian Youth’s Frustrations Are Caused by Financial Problems

Every four years Új Nemzedék Központ publishes a study revealing the current state of the youth in Hungary. Since 2000,  researchers have used the same methodology,…

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Posted in Daily News Hungary

Socialists urge dialogue to stop Hungarian emigration

The opposition Socialists have called for a “meaningful parliamentary and social dialogue” to prevent the further emigration of Hungary’s labour force. Socialist MP Zsolt Molnár…

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Posted in Daily News Hungary

Currency exchange – Hungarian forint – 15 August 2018

15 August 2018 Currency Currency name Unit Value in HUF CHF Swiss Franc 1 286.24 EUR Euro 1 323.29 USD US Dollar 1 285.44 Here…

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Posted in Daily News Hungary

New record: Sziget festival brings together over 565,000 people!!!

Europe’s answer to Glastonbury celebrated its 26th year with over 1000 shows across seven days and 60 venues with Kendrick Lamar, Gorillaz, Lana Del Rey,…

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Posted in Daily News Hungary

Former minister Lázár appointed commissioner to promote non-smokers’ interests

János Lázár, head of the Prime Minister’s Office in the previous government, has been appointed the prime minister’s commissioner in charge of “the protection of…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary external financing capacity lower in Q2

Hungaryʼs net external financing capacity – the combined surpluses of the current and capital accounts – was EUR 1.38 billion in the second quarter of…

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Posted in Daily News Hungary

Cashless society promoted at cashless festival

Ágnes Hornung, the finance ministry’s state secretary, urged Hungarians to cut down on their cash transactions at a press conference at the Sziget Festival –…

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Posted in www.kormany.hu - News

Debrecen will be able to provide for BMW’s operation with training of experts

BMW’s Debrecen investment also reflects the German car manufacturer’s conviction that the city will be able to provide for the plant’s effective operation in the…

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Posted in www.kormany.hu - News

Hungary saw downsides of migration sooner

According to the Chief Security Advisor to the Prime Minister, Hungary saw the downsides of migration sooner than western countries. Powered by WPeMatico

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Posted in Daily News Hungary

Finally! Vidi make it into the Champions League play off – HIGHLIGHTS

MOL Vidi FC was at home in the second leg of the Champions League Q3, following last week’s 1-1 draw away against Malmö FF. A…

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Posted in Budapesttimes

Common Roots and Historical Ties

Ambassador, Kazakhstan included Hungary in the first round of visa exceptions. Why is that? Powered by WPeMatico

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Posted in Daily News Hungary

Hungarians most anxious about health care according to research

Based on an extensive research done in 28 countries altogether, Hungarians are among the most pessimists concerning future. As Napi.hu reports, the national health care…

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Posted in Daily News Hungary

Swiss student 9 millionth visitor at Sziget Festival

Organisers of Budapest’s Sziget Festival greeted the event’s 9 millionth visitor on Tuesday. Swiss secondary school student Joelle Gbeassor was spending her last day on…

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Posted in Daily News Hungary

LMP wants green licence plates reserved for fully electric cars

Green opposition LMP plans to submit an amendment proposal to parliament this autumn to ensure that green licence plates and the accompanying allowances are reserved…

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Posted in Daily News Hungary

Altus Portfolio head protests National Bank of Hungary’s fine

Klára Dobrev, the managing director of Altus Portfolio, protested a fine imposed on the company by the National Bank of Hungary (NBH) in a statement…

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Posted in Daily News Hungary

7 restaurants with panoramic view of Budapest

Funzine.hu made a list of 7 restaurants you should visit if you want a beautiful view while having a coffee or a meal. Városliget cafe…

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Posted in Daily News Hungary

Don’t be simply a tourist in Budapest – try urban walking tours!

City tours are not only a great way to spend a week-day afternoon or weekend morning, but also give a fun insight on the specialties…

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Posted in Hungary Today

Sziget Festival Visitors: Island of Freedom in a “Dictatorship”?

In the wake of Hungarian Prime Minister Viktor Orbán’s huge electoral victory in the country’s April 8th elections, many international observers have published articles expressing…

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Posted in Hungary | The Guardian

How prepared is the EU for a future surge in migrant arrivals?

Migration numbers have fallen since 2015 peak, but countries are still grappling with the political and practical fallout Related: The irrational fear of migrants carries…

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Posted in Daily News Hungary

Hungarian government bans skyscrapers in Budapest

The government has discussed a ban on skyscrapers to preserve the traditional profile of Budapest, Gergely Gulyás, who heads the Prime Minister’s Office, said at…

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Posted in Hungary Today

Fidesz’s Victories Continue After April’s Election

Fidesz has won every by-election since its landslide victory on April 8th. The opposition parties seem unable to recover from their various scandals and poor…

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Posted in PORTFOLIO.HU - Online Financial Journal

Malfunction at Hungary's Paks nuclear plant lowers output

Hungary’s Paks nuclear power plant on Tuesday said it had lowered output of one of its four blocks due to an unspecified electrical malfunctioning, according…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary to ban Kaspersky from gov't computers

Hungary will ban the use of products from Kaspersky Lab, a Russian company accused of using its software to spy on U.S. government agencies, on…

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Posted in www.kormany.hu - News

BMW project stands as proof of long-term prospects and strength of German-Hungarian relations

The Debrecen project of German automobile manufacturer BMW stands as proof of the long-term prospects and strength of German-Hungarian relations, Gergely Gulyás, the Minister heading…

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Posted in Daily News Hungary

Unprecedented Hungarian success and another phenomenal gold at the European Aquatics Championships

24.hu celebrates Kristóf Rasovszky, open water swimmer as he won a gold medal on the last day of the 2018 European Aquatics Championship. Rasovszky was…

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Posted in Daily News Hungary

Orbán’s cabinet: BMW factory in Debrecen sign of stable ties with Germany

The factory German car manufacturer BMW will build in Debrecen demonstrates the long-term stability and strength of Hungarian-German relations, Gergely Gulyás, head of the Prime…

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Posted in www.kormany.hu - News

Prime Minister Viktor Orbán had talks with Croatian Prime Minister

On Monday afternoon Hungarian Prime Minister Viktor Orbán and Croatian Prime Minister Andrej Plenkovic had talks in Abbazia (Opatija) in Croatia. Powered by WPeMatico

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Posted in Hungary Journal

Gulyas: Stable ties with Germany

The factory German car manufacturer BMW will build in Debrecen demonstrates the long-term stability and strength of Hungarian-German relations, Gergely Gulyas, head of the Prime…

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Posted in Daily News Hungary

Hungary’s grain supply enough for 20 m people

Hungary’s agriculture has capacity to supply wheat of milling quality to twenty million people, twice the population of the country, the minister heading the Prime…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary households' share stock HUF 586 bn in June

The stock of shares owned by households rose 1.6% in June from the end of May to HUF 585.9 bn and was more than 44%…

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Posted in Hungary Journal

Hollik: Gender studies not compatible with Christian values

Hungary’s ruling Fidesz-KDNP alliance supports the government’s step to abolish gender studies courses in Hungary, the group’s spokesman Istvan Hollik told Hir Tv. According to…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary to cut public administration 15 to 20%

The government of Hungary is planning to reduce headcount in the public administration from the current 14,000, with an estimated 15 to 20% of jobs…

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Posted in Daily News Hungary

Budapest public transport company receiving international mock award nomination

Not only is the BKK (Budapest Public Transport Company) fighting the criminals plundering the ticket machines, as Index reported, but now they got nominated among…

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Posted in Hungary Today

Hungarian Short Film ‘Siege’ Competes for Student Academy Award

The Student Academy Awards will be awarded for the 45th time this year, and this year a Hungarian film also competes for the ‘student Oscar’:…

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Posted in Hungary Today

Pre-Fab Home Prices Continue to Rise

The average per square meter price of pre-fabricated flats rose in every area in Hungary in July compared to the same month a year earlier,…

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Posted in Daily News Hungary

Low water levels cut Danube freight capacity by two-thirds

Low water levels on the Danube have reduced freight capacity on the stretch of the river that runs through Hungary by two-thirds, Attila Bencsik, who…

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Posted in Daily News Hungary

Central bank fines Altus Portfolio for unauthorised lending

The National Bank of Hungary (NBH) on Monday said it fined Altus Portfolio 15 million forints (EUR 46,000) for lending without a licence. In a…

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Posted in Budapesttimes

Astana Rising

Kazakhstan’s capital strives to be among the world’s smartest cities, a hub for financial services and a platform for solving international conflicts. A small delegation…

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Posted in Budapesttimes

Beat the heat!

Whether on a stick or in a croissant, whether in the flavours of strawberry, chocolate or plum pálinka, at temperatures above 30 degrees an ice-cream…

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