Budapest

Food

7% inflation expected this year

The inflation rate of June this year was 0.1% higher than planned, still, experts agree that the rate is going...

History

Britain hints at shift in relations with US

One of new Prime Minister Gordon Brown's closest Cabinet colleagues has hinted at a change in Britain's relationship with the...

Awards

Nokia launches competition to find “rulers of the mobile world”

Second year of competition rewards developers and entrepreneurs with valuable prizes for applications and business plans in the mobile space....

Food

Global oil demand to rise in 2008

Global demand for oil will increase significantly next year, according to the International Energy Agency (IEA), putting further pressure on...

Conferences

Indian pharmaceutical industry set to observe tremendous growth by the year 2010

Owing to western manufacturers' keenness to shift jobs and tap the talented pool of professionals in India, the country is...

Awards

Colliers Southeast Europe announces important investment

Colliers Southeast Europe has today announced that Colliers Macaulay which operates globally as Colliers International is to provide important investment....

In Hungary

Yukos East-Siberian fields sold off to Rosneft for $230

East Siberian deposits of the bankrupt oil company Yukos were auctioned off Thursday to state-controlled crude producer Rosneft for 5.847...

Sights

IMF board says nomination of top job open to any country

Any country could nominate a candidate to succeed IMF Managing Director Rodrigo Rato, according to a statement released by the...

Tourism

Metropol to manage Gazprom’s subsidiary

Gazprom has handed a controlling stake in its debt-laden subsidiary Zapsibgazprom to the Metropol investment firm, the gas giant said...

Food

Romanian workers leave for Britain

An increasing number of youngsters and active persons chose to leave Romania and work abroad, a study published on Wednesday...

Tourism

ECB withdraws 265,000 fake euro banknotes

The European Central Bank said Wednesday that 265,000 fake euro banknotes were withdrawn from circulation during the first half of...

Drinks

EU court overturns limit on Russian diamond sales to De Beers

The European Court of Justice has overturned the European Commission's ruling restricting diamond giant De Beers from buying rough diamonds...

History

Hungarian economy turning corner but challenges remain

When Hungarian Prime Minister Ferenc Gyurcsány about a year ago announced wide-ranging measures aimed at cutting the nation's huge budget...

Food

Hungary’s inflation up to 8.6%

Hungary's headline inflation rate ticked up to 8.6% year-on-year in June, the Central Statistical Office (KSH) said on Wednesday....

Art

Exxon, OMV to explore New Zealand fields

Exploration projects led by ExxonMobil Corp. of the US and Austria's OMV AG will spend 1.2 billion New Zealand dollars...

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...