Budapest

In Hungary

Russia can pay off $343 mln in US agro loan debt early

A Russian Finance Ministry source said Thursday that a proposal had been submitted to the government on clearing a $343.3...

History

New Turkish President swiftly sets up pro-EU cabinet

New Turkish President Abdullah Gul approved a pro-European Union reformist cabinet yesterday that reflected Prime Minister Tayyip Erdogan’s aim to...

Conferences

EC to block Russian energy companies from EU market

The European Commission is set to consider a series of barriers to Russian energy companies wishing to enter the European...

Food

CEZ enters the MOL game? – extended

MOL Nyrt and CEZ are negotiating a potential 10% shareholding of the Czech energy firm in MOL. MOL would sell...

Food

DaimlerChrysler marriage breakup to cost €2.5 billion

Giant German carmaker DaimlerChrysler AG said Wednesday the breakup of its corporate marriage with US auto group Chrysler would cost...

Conferences

E.ON announces plans to build another wind farm off the UK coast

E.ON is continuing to enhance its activities in renewables. The proposed Humber Gateway Offshore Wind Farm would be located eight...

Awards

EBRD lends €15 mln for Romanian small business development

The European Bank for Reconstruction and Development (EBRD) will lend €15 million ($20 million) to Raiffeisen Leasing Romania for the...

Tourism

Economic and population statistics released by KSH

In what is certain to be a busy week for Hungary’s Central Statistics Office (KSH), the past two days have...

Tourism

Airlines body sees end of paper tickets in 2008

The International Air Transport Association (IATA) announced on Monday that it had placed its final order for paper tickets and...

Tourism

Hungary’s Tax Office filing up to speed

The Tax Office (APEH) collected Ft 73.2 billion ($384 million) from fees in the first seven months of the year;...

Sights

LUKoil expects oil prices for Western, Central Europe to rise

LUKoil Russia’s leading independent crude producer, said Tuesday it expected oil prices for consumers in Western and Central Europe, whose...

Conferences

Honoring those who save lives & learning

Over 1000 gas and electric utility workers attended Midwest Energy Association’s (MEA) Annual Operations Conferences and celebrated as 9 people...

History

Moldova fed up with Russian inspectors

Moldovan President Vladimir Voronin stated at the end of last week that inspectors from Rospotrebnadzor, the federal consumer rights agency,...

Conferences

China, Germany vow to work for closer ties, broader cooperation

Chinese President Hu Jintao met in Beijing with visiting German Chancellor Angela Merkel on Monday, calling for closer ties and...

Conferences

Economic mission to visit Romania, Hungary, Turkey

A South Korean delegation of government officials and businesspeople is to depart Wednesday for Romania, Hungary and Turkey to seek...

In Hungary

Emeric Pressburger: the Englishman From Miskolc

The Hungarian-born filmmaker Emeric Pressburger is being celebrated in his birthplace as cinematic aficionados worldwide reassess his joint productions with...

In Budapest

Jewish Cultural Festival Returns for 28th Staging

The program of the 28th Jewish Cultural Festival promises to be rich and diverse, with 30 programs across six venues...

Hotel Clark Budapest Retains Michelin Key for Second Consecutive Year

Hotel Clark Budapest, the flagship hotel of Unione Hotel Management, has retained its Michelin Key, recognizing its approach to contemporary...

Karácsony Expects Deal on Budapest’s Finances Within Weeks

Budapest Mayor Gergely Karácsony expects an agreement with the government on resolving the capital’s financial problems within weeks, he told...

Budapest’s House of Terror Museum Reopens With Free Admission as Review Continues

Budapest’s House of Terror Museum has reopened while a review of its exhibition continues, Culture and Social Relations Minister Zoltán...

Emeric Pressburger: the Englishman From Miskolc

The Hungarian-born filmmaker Emeric Pressburger is being celebrated in his birthplace as cinematic aficionados worldwide reassess his joint productions with...

ÉS Bisztró Launches Sunday Brunch at Kempinski Budapest

ÉS Bisztró at Kempinski Hotel Corvinus Budapest launched a weekly Sunday brunch, combining an à la carte menu of brunch...

White Raven Sees Growing Demand for Alcohol-Free Cocktails as Summer Traffic Holds Steady

White Raven Skybar & Lounge welcomed more than 33,000 guests and served over 22,000 cocktails between late April and the...

Business Chambers Bring Rugby Leadership Experience to Budapest

Confindustria Ungheria, the British Chamber of Commerce Hungary and CCI France Hongrie will host an executive development event with Italy’s...

Twelve Hungarian Hotels Feature in 2026 Michelin Key Selection

Twelve Hungarian hotels have been included in the Michelin Guide’s 2026 Michelin Key selection, with Four Seasons Hotel Gresham Palace...

Budapest Car-Free Weekend Brings Road Closures and Tram Changes Sept. 19-20

Budapest’s Car-Free Weekend will bring family activities and sustainable transport programs to central streets and riverfront areas Sept. 19-20, alongside...

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...

Why More Families Choose the DSB Preparatory Class

A successful start to school begins with the right foundation. At the Deutsche Schule Budapest (DSB), children can join the...

Jewish Cultural Festival Returns for 28th Staging

The program of the 28th Jewish Cultural Festival promises to be rich and diverse, with 30 programs across six venues...

Budapest Geothermal Summit Highlights Hungary’s Potential and Investment Hurdles

Expanding geothermal energy in Hungary requires predictable regulation and infrastructure upgrades, speakers said at the fourth Budapest Geothermal Energy Summit....

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...

Westend Wins Green Investment Award for EUR 10 mln Sustainability Upgrade

Westend Shopping Center has won the Green Investment of the Year award at this year’s Green Awards, for a EUR...