President János Áder has relieved Attila Aszódi, the state secretary for the upgrade of the Paks nuclear power plant, of his post, effective January 15,…

The opposition Democratic Coalition (DK) will file a criminal complaint for alleged disturbance of the order of elections based on a recent press report which…

Hungary’s OTP Bank has announced on Wednesday that the financial closure of its Bulgarian acquisition has been completed. As a result of that, OTP acquired…

The Hungarian subsidiary of Swedish furniture and home accessories company posted 75.5 billion net revenue in its financial year 2018, which marks a 23.3% year-on-year…

Foreign Minister Péter Szijjártó on Tuesday held talks with Baghdad Amreyev, Secretary General of the Turkic Council, the foreign ministry said. In its statement, the…

Last year, a Polish man was accused of being involved in the firebombing of a Hungarian Cultural Centre located in Western-Ukraine. He said that he…

Foreign Minister Péter Szijjártó on Tuesday held talks with Baghdad Amreyev, Secretary General of the Turkic Council, the foreign ministry said. In its statement, the…

The European Union “must protect its borders at sea and on land as expected by its voters,” Kinga Gal, MEP of Hungary’s ruling Fidesz, said…

Hungary will assist Israel in a search for the remains of Holocaust victims in the Danube river, the interior ministry said on Tuesday, responding to…

Josh Cartu, born on 11th March 1979, is a Canadian businessman, millionaire and luxurious car collector, who lives in Hungary. He used to be a…

American political consultant George Birnhaum gave an extensive interview to a Swiss magazine about how he and Arthur Finkelstein created the perfect political propaganda, and…

The European Union “must protect its borders at sea and on land as expected by its voters,” Kinga Gál, MEP of Hungary’s ruling Fidesz, said…

The opposition Democratic Coalition (DK) will file a criminal complaint for alleged disturbance of the order of elections based on a recent press report which…

Hungary’s public health product tax, dubbed chips tax, will bring the health care sector 57 billion forints this year, health care economist Tamás Joó told…

Minister of State Péter Sztáray from the Ministry of Foreign Affairs and Trade called Hungary’s membership of NATO an exceptional and unique issue at a…

Hungary is an attractive destination among tourists for different reasons. Some visitors like it for Budapest’s beauty, some for the cheap and adventurous nightlife, maybe…

Nestlé Romania has announced that the company will close down its factory in Temesvár (Timisoara) by May 2019. According to the Romanian press, Hungary might…

Consumer prices in Hungary rose by 2.7 percent year-on-year in December, continuing to slow after an acceleration that lasted for much of the year. Headline…

The Board of the Federation of Christian Intellectuals released a statement on their webpage about their concerns regarding the Hungarian public discourse, which they say has…

Hungary’s headline inflation decelerated to 2.7% in December 2018, in line with expectations, but core inflation picked up to 2.8% yr/yr from 2.6%. Here’s what…

Ceva-Phylaxia Vaccine Production Cls. is constructing a new vaccine production plant and a research and development centre in the Pest County city of Monor with…

Organic is in – and not only on the shelves of grocery markets. More and more guests are hop-ing that food from organic and sustainable…

Christmastime is just over, and while different people prefer very different presents under the fes-tive tree, there is one that almost always finds its way…

Budapest Airport has just received the official certificate attesting its carbon-neutrality, achieving this prestigious environmental accreditation for the second time after last year. Thus, in…

The lads have bought a bar. A neighbourhood joint in District IX. I was surprised. They’ve put in their time as punters in hostelries around…

The Show: A Tribute to Abba has two elements to make it one of the leading copycats of the world-topping but long-gone pop group –…

15 January 2019 Currency Currency name Unit Value in HUF CHF Swiss Franc 1 285.76 EUR Euro 1 321.80 USD US Dollar 1 281.47 Here…

Citizens stood to watch as the Corvin department store’s aluminium cover was removed at Blaha Lujza Square in mid-2018. The historical façade, which once housed…

French-owned veterinary company Ceva-Phylaxia Oltóanyagtermelő will spend almost 10 billion forints (EUR 31.0m) to build a vaccine plant and a research and development base in…

The Audi Hungarian Independent Trade Union (AHFSZ) turned down the company’s latest wage hike proposal in a unanimous vote on Monday and formed a strike…

“It’s not enough to be Hungarian, you need to be talented too.” This quote decorated the walls of one of the most famous Hollywood studios…

The European Union “must protect its borders at sea and on land as expected by its voters,” Kinga Gál, MEP of Hungary’s ruling Fidesz, said…

Eight flights from Budapest’s Liszt Ferenc Airport to Germany have been canceled due to strikes at German airports, the airport’s communications director told MTI on…

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Inflation in Hungary decelerated further in December 2018, at least according to the headline figure published by the Central Statistical Office (KSH) on Tuesday. Meanwhile,…

Double-digit passenger traffic growth in 2018 saw some 14.9 million passengers at Budapest Airport, making it the fastest-growing airport in the Central Eastern European region….

The opposition Socialists’ candidate for Budapest mayor Csaba Horváth has announced his programme, promising to address the city’s main problem which he defined as a…

Coming to power in 2010, Orbán introduced a new political culture to Hungary. After Fidesz won with a two-thirds majority for the second time in…

Dutch Green MEP Judith Sargentini, author of a report critical of the state of the rule of law in Hungary approved by the European Parliament…

News portal index reported earlier in the day that rare late Baroque frescoes in the refectory of the one-time Carmelite monastery “fell victim” to the…

Sberbank, the largest bank of Russia, increased its after-tax profit by over 20% year on year in 2018. The bank reported on Tuesday that its…

The Szeged Appeals Court on Monday sentenced a Kosovan man to six years in prison and banned him from Hungary for five years for attempting…

Opposition MPs attended a demonstration outside Parliament and the public media headquarters in Budapest in mid-December, calling for a “free and independent public media” as…

József Molnár, Group CEO of Hungarian energy company Mol, has announced he has exercised a cash-settled call option related to Mol ordinary shares under the…

Consumer prices in Hungary rose by 2.7 percent year-on-year in December, continuing to slow after an acceleration that lasted for much of the year. Headline…

Prime Minister Viktor Orbán has said Hungary’s goal is to have “anti-immigration forces” in the majority in every European Union institution. Hungary wants to see…

The output of Hungary’s construction sector climbed an annual 27.3 percent in November, data released by the Central Statistical Office (KSH) on Tuesday show.  The…

Presenting in one concise package the month’s most important and fascinating national stories, whether they be economic, political, cultural, sporting or among the hundreds of…

Budapest’s Ferenc Liszt international airport has received a “carbon neutrality” certificate for the second time after last year, Budapest Airport, its operator, said on Monday….

In yesterday’s matches in Group D, Hungary first beat Qatar courtesy to a great performance of the entire team. Hungary – Qatar 32:26 (16:11) Before…

Bread, butter and Nutella are cheaper in the United Kingdom than in Hungary. Austrians can also purchase flour at a lower price than Hungarians can….

Hungary’s government has turned to the European commissioner for employment and social affairs with a view to initiating an infringement procedure against Austria over the…

The volume of Hungary’s construction sector output grew by 4.4% month on month in November 2018, the Central Statistical Office (KSH) reported on Tuesday. The…

Consumer prices in Hungary rose by 2.7% year on year in December 2018, the Central Statistical Office (KSH) reported on Tuesday. This marks a 0.4…

After the European Commission made it clear last week that Austria’s new rules on child allowance may be in infringement of European Union regulations, the…

Hungarian hospitals performed 10 percent more organ transplants last year than in 2017, the state secretary for health said on Monday. Hospitals saw increases in…

The green opposition LMP party is submitting a request for data of public interest in order to discuss at parliament alleged cost increases related to…

Cooperation between East and West is in Hungary’s interest in terms of security as well as for political and economic reasons, Foreign Minister Peter Szijjarto…

Hungary’s government has turned to the European commissioner for employment and social affairs with a view to initiating an infringement procedure against Austria over the…

The parliamentary opposition parties are turning to the Constitutional Court with a request for it to annul the recent amendments to the labour code. The…

Cooperation between East and West is in Hungary’s interest in terms of security as well as for political and economic reasons, Foreign Minister Péter Szijjártó…

The Vatican’s public relations office has confirmed that the Holy See will visit Romania between the 31st of May and 2nd of June. It is…

Vörösmarty square (at the northern end of Váci street) and Podmaniczky square (near Arany János utca M3 metro station) located in downtown Budapest will be…

Numerous economists have published their estimates and projections for 2019 at the end of 2018 and early this year, and some of the prognoses were…

The conservative opposition Jobbik party has called on the government not to sacrifice Hungarian workers on the altar of capitalist interests, deputy leader Balázs Ander…

Hungarian hospitals performed 10 percent more organ transplants last year than in 2017, the state secretary for health said on Monday. Hospitals saw increases in…

According to statistics from the German Labor Office, the number of Hungarians living in Germany has increased by a little over threefold during the last…

With four gold, four silver and two bronze medals under its belt, the Hungarian team, led by the unstoppable Liu brothers, dominated at the ISU European…

“Cooperation between East and West is in Hungary’s political, economic, and primarily security interests”, Minister of Foreign Affairs and Trade Péter Szijjártó declared at a…

Hungarians were once one of the most feared people in Europe; their invasions were similar to that of the Vikings’, not only because they happened…

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Hungarian oil and gas group Mol is to raise the wholesale list price of 95-octane gasoline by HUF 4 litre and that of diesel by…

Miklós Molnár, the deputy mayor of Szombathely, has been stripped of his powers, the communications chief of the municipal council told MTI on Monday. Molnár’s…

Weeklies and the weekend editions of dailies try to asses the chances of a broad anti-government coalition emerging, and whether it might prove a challenge…

Miklós Soltész, a state secretary for religious affairs of the Prime Minister’s Office, discussed strengthening religious ties between Hungary and Israel at talks with Israel’s…

The right-wing opposition Jobbik party has called on the government not to sacrifice Hungarian workers on the altar of capitalist interests, deputy leader Balázs Ander…

Farm gate prices in Hungary were up by an annual 4.4 percent in November 2018, the Central Statistical Office (KSH) said on Monday. The price…

For the first time in the history of Hungary, the stock of currency in circulation exceeded 6 trillion forints, rising to HUF 6,117 billion by…

For the first time in the history of Hungary, the stock of currency in circulation exceeded 6 trillion forints, rising to HUF 6,117 billion by…

According to Magyar Idők, Pope Francis has accepted the Romanian President’s invitation and is scheduled to visit the Romanian capital. Aside from events in Bucharest…

Tibor Szombathelyi, the founder of the ‘School of Life’ Facebook community, died while swimming in a frozen lake near Bárdudvarnok on Sunday according to a…

Miklós Soltész, a state secretary for religious affairs of the Prime Minister’s Office, discussed strengthening religious ties between Hungary and Israel at talks with Israel’s…

Cooperation between East and West is in Hungary’s interest in terms of security as well as for political and economic reasons, Foreign Minister Péter Szijjártó…

Miklós Molnár, the deputy mayor of Szombathely, has been stripped of his powers, the communications chief of the municipal council told MTI on Monday. Molnár’s…

See below MTI’s main business and financial news from the previous week: BUDAPEST IS THE THIRD CITY IN THE WORLD WITH THE HIGHEST FLAT PRICE…

Fidesz believes George Soros’s people “are pulling the strings of the European Commission’s leading politicians” and demands an explanation, Fidesz MEP Tamás Deutsch said at…

In Budapest Minister of State Szabolcs Takács had talks with CDU politician Mark Speich, Secretary of State for Federal, European and International Affairs of North-Rhine…

14 January 2019 Currency Currency name Unit Value in HUF CHF Swiss Franc 1 285.09 EUR Euro 1 321.17 USD US Dollar 1 280.16 Here…

Earlier this month, Hungary Today had the opportunity to interview April H. Foley, the United States Ambassador to Hungary from 2006 to 2009. Prior to her service…

Some 241,000 women have benefited from the government’s “Women 40” scheme allowing early retirement over the past eight years, the human resources ministry’s state secretary…

“Migration is a key issue in every European country; during the past three years it has become clear that political issues relating to migration permeate…

“Experience indicates that migrants are setting off towards Europe from more and more countries; most recently particularly from Iran, Afghanistan and Pakistan”, György Bakondi said….

Opposition parties that do and do not have seats in parliament protested against the government as well as amendments to the labour code in Békéscsaba,…

Private sector wages in Hungary could rise in the double-digits this year, well over the 8 percent increase in the minimum wage, the head of…

The assets of Hungary’s 50,000 richest people have been growing at an annual rate of 12-15 percent. Meanwhile, Hungary’s income gap has also grown exponentially….

The finance minister has announced the launch of another state-sponsored programme to licence drivers of commercial vehicles. The programme, the second such one the government…

Angola’s goalkeeper Giovany Muachissengue got a great start with two big saves. Despite the good start in the Angolan goal, the team began rather messy…

A pro-government and a left-wing analyst offer diametrically opposed assessments of PM Orbán’s Thursday press conference. One criticises journalists for their hostile questions, while the…

Hungary’s Szarvas Iron and Metal Works Zrt., which produces coffee makers and lamps also for Ikea, is in deep trouble. The company has laid off…

The employment rate among Hungarians with reduced work capacity reached 40 percent at the end of last year, up from just 18 percent in 2011,…

There are a few macroeconomic releases in the pipeline this week, but the United Kingdom will definitely steal the show. British MPs will have their…

A Hungarian startup called AerinX can now help stop so many planes from being delayed. The company allows engineers responsible for plane check-ups to work…

Budapest shows the third highest 12-month residential property price growth in the world according to the ‘Global Residential Cities Index’ report by property services company…

Hungarian, Romanian-Moldavian and Serbian-Montenegrin Rotary clubs signed an agreement on formulating and implementing joint humanitarian programmes in Szeged, in south-eastern Hungary, on Sunday. György Gondár,…

Some 8,000-10,000 people die early in Hungary each year because of disease linked to air pollution, the National Public Health Centre (NNK) said on Sunday,…

Fidesz believes George Soros’s people “are pulling the strings of the European Commission’s leading politicians” and demands an explanation, Fidesz MEP Tamas Deutsch said at…

Not long after three-times Olympic champion Katinka Hosszú’s online shop has been shut down by the operator, it seems that her official webpage is unavailable…

Everybody knows the most famous tourist attractions of Budapest by heart. Those that are included in every single guidebook you can find: the Parliament, Buda…

Opposition party Jobbik is once again threatened by a hundred million forints fine by the State Audit Office, but they are not the only ones…

Hungarian gastronomy has a number of different types of desserts. They often have many layers filled with rich buttercreams while other times they seem like…

The exhibition presents fascinating mummies and artifacts on loan from world museums, universities, scientific organizations and private collections from around the world. IN EUROPE FOR…

Prime Minister Viktor Orbán is expected to unveil further government measures supporting families at an annual state of the nation address on February 10, daily…

In the recent years religious tourism seems to be in fashion, because more than 300 million people visit important sanctuaries in the world. Pilgrimage is…

Fidesz believes George Soros’s people “are pulling the strings of the European Commission’s leading politicians” and demands an explanation, Fidesz MEP Tamás Deutsch said at…

Opposition parties that do and do not have seats in parliament protested against the government as well as amendments to the labour code in Békéscsaba,…

The Danube is the second biggest river in Europe, and the possibility of floods still poses a threat today.  In the 19th century, hundreds of…

A real menace looms as we fret about Brexit and Germany and France sign symbolic accords It could simply be a coincidence. Or perhaps the…

Knight Frank revealed its Global Residential Cities Index of 2018 to represent the price increase of flats and estates in major cities. The statistics revealed…

The Slovakian Trend magazine’s online issue recently collected the top ten restaurants in Slovakia. One fact about these restaurants is truly unexpected and a huge…

The Hungarian minimum wage has risen up to 149,000 Hungarian Forints gross (463 Euros)  – 99,085 HUF in net price (308 EUR). If we compare…