Nick Pongratz

Incubators

Forbes: Budapest one of five entrepreneurial hubs in Europe

The capital of Hungary was included among Eindhoven, Tallinn, Lisbon and Lithuania in a piece entitled “Five Entrepreneurial Places in...

EU

European experts say Hungary’s media law needs reforms

In a report released yesterday by the Venice Commission, an advisory group to the Council of Europe, experts say Hungary’s...

History

Szijjártó proposes conference on migration in Budapest

Hungary’s foreign minister Peter Szijjártó proposed in Luxembourg yesterday that leaders of the European Union, the Western Balkans, the Middle...

Analysis

FT: Prezi creators ranked 25th of Top 50 European Tech Entrepreneurs

Hungarians Ádám Somlai-Fischer, Péter Halácsy and Péter Árvai, were ranked #25 on the Financial Times’ list of Europe’s Top 50 Tech...

In Hungary

Centenary of Coca-Cola’s contour bottle inspires designers

To celebrate the 100th anniversary of Coca-Cola’s contour bottle, five Hungarian design companies, each with a distinct style, have been...

Conferences

Report: 2,000 lose jobs following Sunday closures

By the end of April, 2015, 2,000 people had lost their jobs as a result of a Hungarian law, introduced in...

History

Former ambassadorʼs book: U.S. lost faith in Orbán

In her newly published memoir of her 2010-2013 term as American Ambassador to Hungary, Eleni Kounalakis discusses the U.S. State...

Banking

Report: EU satisfied with ad tax change

Due to the European Commission’s relative satisfaction with the changes made by the Hungarian Parliament to the country’s advertising tax,...

Budapest, Paris to enter bids tomorrow for 2024 Olympic games

Budapest and Paris will enter the race for the 2024 Summer Olympic Games on Tuesday, June 23, channelnewsaisa.com reported....

Social

MasterCard Balaton Sound to kick off in 3 weeks

This year’s MasterCard Balaton Sound electronic music festival, the 9th to date, will begin in three weeks and run from July...

History

Embassy: Fence won’t affect function of Serbian border crossing

Measures being taken by the Hungarian government to prevent illegal immigration through the country’s border with Serbia will not affect...

Tourism

KSH: Average gross wage HUF 241,600 in Jan-April

In the period from January-April, the average gross pay in Hungary was HUF 241,600 per month, an increase of 3.9%...

Deals

JLL: Industrial vacancy rate decreases further

The vacancy rate of the Budapest industrial market has decreased by 6.8% as compared to first quarter last year, reaching...

Transport

Wizz Air to expand fleet with 110 planes

Hungarian low-cost airline Wizz Air has signed a cooperation agreement to buy 110 Airbus A321neo aircraft, worth $12.5 billion, according...

Food

Analysts foresee further base cut of 15 bp

The Monetary Council of the National Bank of Hungary is expected to continue the easing cycle it began on March...

Industrial

DTZ: Tenants expand in BC140 property

Two tenants decided to renew and expand their release premises in the BC140 office building, according to a press release...

Banking

Budapest housing market boosted by holiday rentals

Home sales in the center of Budapest saw a 40% rise last year, with demand being highest for 40-60 sqm...

History

Reuters: As fence nears completion, Hungary considers reinforcement

The fence being built along Hungary’s southern border with Serbia is due to be completed by August 31, however, the...

Initiatives

Government holds conference on civic consolidation

The ruling Fidesz party held a private conference yesterday, with a focus on civic consolidation, during which Prime Minister Viktor...

Competition

Hungary supports Tallinn Declaration to prosecute Communist crimes

Hungarian State Secretary of Justice, Róbert Répássy (pictured), was among the signatories of the Tallinn Declaration, which calls for setting...

History

Budapest Mayor: Migrant situation becomes unmanageable

Budapest Mayor István Tarlós said that despite the metropolitan councilʼs effort to hand illegal migrants humanely, the situation has become...

Crops

Ministers: Fence will be completed by August 31

After inspecting a section of the barrier being built along Hungaryʼs border with Serbia, near Mórahalom, both Minister of Interior...

Visits

Socialists criticize border police units

Socialist immigration expert Richárd Barabás told the press that plans to set up border police units to guard the fence...

Government says Hungary too busy protecting border to help migrants

In response to a claim that Hungary is staying away from joining EU missions in the Mediterranean to tackle the...

Tourism

Fidesz welcomes EPPʼs proposal to modify safe country list

Fidesz officials said they backed a proposal by the center-right European Peopleʼs Party to include all EU candidate countries in...

Justice Minister: No better solution than border fence

In order to "stop a daily 1,500-1,600 illegal newcomers" who arrive in a "professionally organized manner," Hungary has no other...

History

Hungarian forces join NATO mission in Baltics

A Hungarian contingent of four Gripen fighters and over 100 troops will be based in Siauliai, Lithuania, and serve in...

Pussy Riot makes appearance at Sziget Festival

Nadezhda Tolokonnikova and Maria Alyokhina, two members of punk-activist protest group Pussy Riot, answered questions about activism during a roundtable...

Liberals call for unification to overcome hate

Anett Bősz, an executive of the Hungarian Liberal Party, said that by joining forces, the Fidesz governmentʼs "hate campaign" against...

DTZ: Tenants expand in BC140 property

Two tenants decided to renew and expand their release premises in the BC140 office building, according to a press release...

Budapest housing market boosted by holiday rentals

Home sales in the center of Budapest saw a 40% rise last year, with demand being highest for 40-60 sqm...

Reuters: As fence nears completion, Hungary considers reinforcement

The fence being built along Hungary’s southern border with Serbia is due to be completed by August 31, however, the...

Government holds conference on civic consolidation

The ruling Fidesz party held a private conference yesterday, with a focus on civic consolidation, during which Prime Minister Viktor...

Hungary supports Tallinn Declaration to prosecute Communist crimes

Hungarian State Secretary of Justice, Róbert Répássy (pictured), was among the signatories of the Tallinn Declaration, which calls for setting...

Budapest Mayor: Migrant situation becomes unmanageable

Budapest Mayor István Tarlós said that despite the metropolitan councilʼs effort to hand illegal migrants humanely, the situation has become...

Ministers: Fence will be completed by August 31

After inspecting a section of the barrier being built along Hungaryʼs border with Serbia, near Mórahalom, both Minister of Interior...

Socialists criticize border police units

Socialist immigration expert Richárd Barabás told the press that plans to set up border police units to guard the fence...

Government says Hungary too busy protecting border to help migrants

In response to a claim that Hungary is staying away from joining EU missions in the Mediterranean to tackle the...

Fidesz welcomes EPPʼs proposal to modify safe country list

Fidesz officials said they backed a proposal by the center-right European Peopleʼs Party to include all EU candidate countries in...

Justice Minister: No better solution than border fence

In order to "stop a daily 1,500-1,600 illegal newcomers" who arrive in a "professionally organized manner," Hungary has no other...

Hungarian forces join NATO mission in Baltics

A Hungarian contingent of four Gripen fighters and over 100 troops will be based in Siauliai, Lithuania, and serve in...

Pussy Riot makes appearance at Sziget Festival

Nadezhda Tolokonnikova and Maria Alyokhina, two members of punk-activist protest group Pussy Riot, answered questions about activism during a roundtable...

Liberals call for unification to overcome hate

Anett Bősz, an executive of the Hungarian Liberal Party, said that by joining forces, the Fidesz governmentʼs "hate campaign" against...