Budapest

In Hungary

Foreign banks to buy large stakes in Russian banks

A senior Central Bank official said Friday that some large Western and Asian banks would soon acquire large stakes in...

Food

Hungary: Housing-loan popularity declines

The stock of new state-subsidized housing loans grew to Ft 31.9 billion ($167 million) by the end of H1 this...

Tourism

Hungary: Broadband user base grows 15% in H1, fixed line numbers fall

The number of broadband internet connections in Hungary grew by 15% in the first six months of this year, according...

History

Cuba: Hungary a US lackey

Specifically denouncing the nation of Hungary as a “lackey” of its “powerful and aggressive master,” i.e. the United States government,...

Awards

New regulations compel directors to state reasons for quitting

Directors who quit the boards of companies listed on the Singapore Exchange (SGX) will have to explain their reasons under...

Hotels

2007 – best summer season in last 17 years for Romania

“This result is based on the occupation degree of the littoral of 80% during the week days, while at the...

Tourism

UK: Emigration boom as record numbers opt to live abroad

A record number of people left Britain last year heading for a new life amid evidence that the UK population...

Conferences

German banks among main losers from global liquidity squeeze

While corporate Germany is bouncing back, the downturn in high-yield debt has revealed continued weakness in the once admired banking...

Awards

Hungary stuns rusty champion, in friendly

Hungary upset World Cup champion Italy 3-1 Wednesday in a friendly. The Italians, who open the Serie A this weekend,...

Tourism

More tourists spent less in Hungary

Ft 402 billion (€1.55 billion, $2,1 billion), was spent in Hungary by foreigners, while Hungarian tourists spent Ft 236 billion...

History

China, Hungary to enhance cooperation between armed forces

China's military values its relations with Hungarian armed forces and is willing to promote bilateral cooperation, Chinese Defense Minister Cao...

Food

Danone pulls fruit yogurt off shelves in Romania due to contamination scare

A subsidiary of French yogurt maker Groupe Danone SA has pulled fruit yogurts off the shelves in Romania after suspicions...

Tourism

Lufthansa and Hemus Air JV to repair air planes in Bulgaria

Bulgarian company Hemus Air and Lufthansa Technik, the company which lends support to German air carrier Lufthansa, have established a...

Food

Russia’s Northwest Oil Group aims to build refinery in Jordan

Northwest Oil Group, an oil and gas production and transportation company in Russia, said Wednesday it intended to bid in...

Food

Apple signed IPhone agreements with O2, T-Mobile & Orange

Apple Inc. signed agreements with three mobile-phone operators that will have exclusive rights to sell its new iPhone in Europe,...

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...