Budapest

Sights

Hungarian drug makers call health legislation unconstitutional

Hungary's National Alliance of Pharmaceutical Manufacturers asked President of the Republic László Sólyom not to sign new drug thrift legislation...

Conferences

EU changes rules for granting state aid to startup companies

European Union regulators revised state-aid rules to give governments more flexibility when they grant subsidies to startup companies....

In Hungary

EDF to buy remaining 4.9% stake in Hungarian power distributor

Electricite de France SA, France's largest power company, is buying the shares it doesn't own in Hungary's biggest power distributor...

History

Hungarian bank may raise rates to fight „stagflation”

Hungary's central bank is ready to raise the European Union's highest benchmark interest rate to fight „stagflation,” bank President Zsigmond...

Sights

Gigantic opal found in north Hungary

An unprecedented, 300-kilogram wood opal was found in a quarry in northern Hungary's Mátra Mountains, MTI learnt on Tuesday....

History

Hungary package more credible this time, Barclays says

Hungary's governments have had fiscal packages before, one critical difference this time is, however, that Prime Minister Ferenc Gyurcsány's austerity...

History

Gazprom agrees to sell natural gas directly to French customers

Gazprom reached an agreement to sell fuel directly to French consumers starting next year, as it expands into retail sales...

Food

Banks encourage Christmas spending

Banks are doing their best to fuel the usual Christmas shopping frenzy. There are credit cards that can be used...

Food

EU plans to boost outside lending by 32% in 2007-13

European Union governments plan to boost lending for infrastructure projects outside the 25-nation bloc by 32% to €27.3 billion ($35...

History

Former PM Medgyessy blames central bank for debt

Hungary's central bank is at fault for increasing the country's debt level beyond the limits for euro adoption, former Prime...

In Hungary

German union calls for end to pay curbs

After a decade of stagnation, tough economic reforms, corporate restructuring and pay restraint, it is time for German workers to...

Food

OTP Bank plans to boost Ukrainian branches to 200 in 2 years

OTP, based in Budapest, plans to open 160 new branches of the bank it renamed CJSC OTP Bank, the Hungarian...

Awards

Police concludes investigation on money counterfeiters

Police has concluded investigation into a gang of money counterfeiters including 22 Hungarians and a Russian who made more than...

History

Romania’s Seres says politicians trying to rig bids

Romanian Economy Minister Codrut Seres said politicians and lawmakers have put pressure on him and the heads of the country's...

History

Siemens investigated in Hungary

A Siemens-related police investigation is underway in Hungary, Budapest police confirmed for MTI on Monday.a...

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...