MTI

Weather

Budapest Hits 41.6 C as Hungary Breaks Multiple Heat and Wind Records

Several heat records, along with a wind-speed record, were broken Thursday, weather service HungaroMet said on Facebook, citing preliminary data....

Budapest

Bomb Disposal Experts Remove Explosives From Danube Embankments in Budapest

Hungarian Army bomb disposal experts removed explosives from near the Raoul Wallenberg and Budapest University of Technology embankments on Friday...

Banking

OTP Bank Q2 Earnings Fall 7% as Interest Rate Cap Weighs on Profit

Second-quarter after-tax profit at OTP Bank, Hungary’s biggest commercial lender, fell 7% year-on-year to HUF 305.8 bln, an earnings report...

Environment

Hungary Introduces Water Restrictions in 629 Settlements

In response to the extreme heat and drought in Hungary, first-degree water restrictions have been introduced in 465 settlements, according...

Festivals

Hungarian Woman, American Man Die at Ozora Festival

A 39-year-old Hungarian woman and a 45-year-old American man died in separate incidents at the Ozora Festival in Igar on...

Business, Budapest

Budapest Cuts Decorative Lighting as Heat Strains Energy Supply

Mayor Gergely Karácsony has ordered Budapest Public Utilities to prepare for the shutdown of the Paks nuclear plant by keeping...

Analysis

Hungary’s Business Confidence Improves in September

Business sentiment improved in Hungary in September, while consumer confidence remained largely unchanged, according to a monthly survey by economic...

Analysis

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary’s economy will expand by 1.8% in 2026 and 2.5% in...

Government

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Magyar Invites Pope Leo XIV to Hungary After Vatican Talks

Prime Minister Péter Magyar invited Pope Leo XIV to visit Hungary during a private audience at the Vatican on Sept....

Hungary’s Business Confidence Improves in September

Business sentiment improved in Hungary in September, while consumer confidence remained largely unchanged, according to a monthly survey by economic...

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary’s economy will expand by 1.8% in 2026 and 2.5% in...

EC Proposes Unlocking EUR 4.2 Bln in Funding for Hungary

The EC has proposed that the Council reinstate EUR 4.2 bln in suspended cohesion funding for Hungary and restore access...

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

Police have questioned seven suspects, including former National Bank of Hungary Governor György Matolcsy, in an investigation into alleged abuse...

EU Project Pre-Financing Pushes August Budget Deficit to HUF 2.31 tln

Hungary’s cash flow-based general government deficit reached HUF 2.31 tln in August, driven overwhelmingly by pre-financing for projects supported by...

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government to Terminate MKIF Motorway Concession, Magyar Says

Hungary’s government will terminate its motorway concession contract with MKIF and file a formal complaint, Prime Minister Péter Magyar said...

BMW Debrecen Adds Third Shift to Meet Strong iX3 Demand

BMW is introducing a third shift at its Debrecen factory and moving to 24-hour operations to accelerate production of its...

Budapest Repays HUF 67 bln Overdraft but Faces HUF 86 bln Solidarity Bill

Budapest has repaid a HUF 67 bln overdraft after receiving local business tax advances, but the capital still needs a...

All Hungarian University Students to Regain Erasmus Access by October, Official Says

Hungarian university students will have the opportunity to participate in the Erasmus mobility program by October, with some able to...

Hungarian Teen Detained Over Alleged Terrorist Threats After FBI Tip

Hungarian police have detained a 16-year-old boy in Győr on suspicion of making terrorist threats after the FBI alerted authorities...

House of Terror Museum to Close Temporarily as Tarr Dismisses Director Mária Schmidt

Budapest’s House of Terror Museum will close temporarily for a clarification of rights issues, Culture and Social Relations Minister Zoltán...

Hungary to Direct HUF 90 bln From Tobacco Tax Increases to Healthcare

Hungary will use revenue from higher tobacco excise duties to provide additional funding for healthcare, the government said Tuesday, citing...

Hungary Selects Ildikó Enyedi’s ‘Silent Friend’ as Oscar Entry

Ildikó Enyedi’s “Silent Friend,” starring Tony Leung Chiu-wai, will represent Hungary in the int'l feature film category at the 99th...