Budapest

Food

Ecostat projects 2.5% GDP growth in 2007

Ecostat, the research arm of the Central Statistics Office (KSH), expects Hungary's economic growth to slow to 2.5% in 2007...

Awards

MFB issued the best „Deal of the Year” – EuroWeek

EuroWeek, the weekly paper of global capital market, voted the best „Deal of the Year” in 2006 the €500 million...

Conferences

British Airways seeks mediation help to avert strike

British Airways Plc, Europe's third- largest airline, called for outside mediation to help avert a three-day strike by cabin crew...

Food

Uniqa boosts 2006 profit 24% on life-insurance growth

Uniqa Versicherungen AG, an Austrian insurer, boosted 2006 pretax earnings 24% as life-insurance sales in eastern Europe climbed....

Food

Hungary’s central bank must raise rate, Surányi says

Hungary's central bank must raise the benchmark interest rate as inflation accelerates, said György Surányi, a former president of the...

Food

Euro may rise 12% to record against dollar

The euro may gain almost 12% to $1.45 against the dollar by year-end as the European Central Bank welcomes a...

Tourism

Yukos, bankrupted by state, valued at $22 bln

OAO Yukos Oil Co., was valued by appraisers at more than $22 billion, or about 85% of its outstanding debt,...

Food

Biofuel goals will create „farmer-entrepreneurs,” Barroso Says

The European Union's mandatory targets for using renewable fuels will herald opportunities for „entrepreneurial” farmers, said European Commission President Jose...

Food

Montenegro joins IMF, seeks help achieving economic stability

Montenegro, a former Yugoslav republic of about 650,000 people, joined the International Monetary Fund and World Bank, as it looks...

Tourism

Real wages up 3.6% yr/yr in January-November

Real wages in Hungary rose 3.6% yr/yr in January-November 2006, based on an 7.4% increase in net monthly wages from...

Food

Mol unlikely to claim damages related to start-of-year crude delivery disruption

Hungarian oil and gas company Mol is not likely to announce a damages claim related to a disruption of crude...

Food

Járai says Hungarian inflation rate may rise above 10%

Hungary's annual inflation rate, already the highest in more than two years, may exceed 10% for the first time since...

Conferences

PFI Infrastructure to buy 49% stake in Hochtief unit

PFI Infrastructure Co., an investment company specializing in construction projects, agreed to buy a 49% stake in German builder Hochtief...

In Hungary

Inter-Europa Bank shares are suspended pending public offer

Shares Inter-Europa Bank Nyrt, the Hungarian unit of Sanpaolo IMI SpA, were suspended for the day on the Budapest bourse...

Tourism

KrasAir to invest heavily in Malév if it wins

OAO KrasAir, which is bidding for the state airline through its local investment vehicle, would immediately invest USD 30-50 million...

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...

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...

Budapest to Raise Fare Evasion Penalties From Nov. 2

Budapest's public transport penalty fares will be raised by approximately 20–25% in several categories from November 2, daily newspaper Népszava...