Budapest

In Hungary

MNB orders suspension of trade in BTel shares

The National Bank of Hungary today ordered the suspension of trade of shares and corporate bonds of Business Telecom (BTel)...

In Hungary

Budapest to host Craft conference

Hungarian startups Ustream and Prezi are currently hosting the Craft software developers conference in Budapest from April 22-24, jointly organized...

History

Kövér: Hungary backs T-TIP if serves national interests

Hungary will continue to defend its national interests through negotiations of the proposed Transatlantic Trade and Investment Partnership (T-TIP), a...

Sights

MUT: Museum quarter project is a failure

The museum quarter project (“Liget”) planned for Budapest’s city park (Városliget) is a failure, Magyar Urbanisztikai Társaság (MUT), known in...

History

Euratom signs off on Hungaryʼs changes to Paks pact

The Euratom Supply Agency (ESA) signed a contract on the supply of fuel from Russia for the new reactors to...

Sights

PM: I have no ‘official relationship’ with Habony

Hungary’s Prime Minister Viktor Orbán said today at a press conference that the Hungarian government does not employ anyone “with...

Sights

MNB cuts base rate 15 bp, as expected

The National Bank of Hungaryʼs Monetary Council decided at a rate-setting policy meeting today to reduce the central bank’s base...

Food

NAV scrutinizes tobacco shops

During 5,500 audits of tobacco shops last year, Hungary’s National Tax and Customs Authority (NAV) found a total of 700...

History

Former U.S. ambassador shares details about Hungary’s crony capitalism

Speaking to a retirement club in Connecticut, former U.S. ambassador to Hungary April H. Foley told her audience that Gazprom...

Food

Russian food watchdog begins inspections of Hungarian companies

Experts of Russiaʼs plant and animal health authority Rosselkhoznadzor today launched inspections Hungarian companies must undergo to regain entry to...

History

Banking Association: Quaestor clients should receive no compensation

The Hungarian Banking Association believes that clients of failed brokerage Quaestor should not receive any compensation, given that Quaestor clearly...

Hotels

Medius Tours inaugurates HUF 3 bln Best Western Hotel

Medius Tours inaugurated a HUF 3 bln Best Western hotel in Székesfehérvár, northwestern Hungary on Friday as part of a...

Awards

iGo Navigation free for the next ten days

On the occasion of the tenth anniversary of Hungarian-developed application iGo Navigation by NNG, Hungarians can now download the program...

Sights

U.S. accounting watchdog gains access to Hungary

The Public Company Accounting Oversight Board (PCAOB) of the United States entered a cooperative agreement with the Auditorsʼ Public Oversight...

Sights

Analysts expect MNB to cut base rate further

Reuters-polled analysts anticipate the National Bank of Hungary’s (MNB) rate-setting Monetary Council will cut the current 1.95% base rate by...

Budapest

MGYOSZ Backs Preparations for Budapest 2036 Olympics Bid

The Confederation of Hungarian Employers and Industrialists (MGYOSZ) has endorsed preparations for a Budapest bid to host the 2036 Summer...

Art

What János Bródy Means to Hungarians

For János Bródy, who turned 80 this year, 2026 has been momentous. On April 10, he was one of more...

In Hungary

3-day Kerekdomb Festival Returns to Tállya

The historic village of Tállya is in the Tokaj-Hegyalja wine region, part of the UNESCO World Heritage, nestled among the...

Culture

Hungarian Jazz Great Gábor Szabó Honored at Magyar Zene Háza

With the opening of a pop-up exhibition at Budapest’s switched-on Magyar Zene Háza, the 90th anniversary of Gábor Szabó’s birthday...

MGYOSZ Backs Preparations for Budapest 2036 Olympics Bid

The Confederation of Hungarian Employers and Industrialists (MGYOSZ) has endorsed preparations for a Budapest bid to host the 2036 Summer...

Pizza Hut to Expand Hungarian Network to 31 Restaurants

Pizza Hut plans to open restaurants in Nagykanizsa and Budapest in 2027, expanding its Hungarian network to 31 locations, local...

Budapest Hotels Outperform Regional Rivals Despite Lower Guest Numbers

Budapest’s hotels delivered some of the strongest results in CEE, posting an 81.3% occupancy rate, and leading the region with...

What János Bródy Means to Hungarians

For János Bródy, who turned 80 this year, 2026 has been momentous. On April 10, he was one of more...

Budapest’s Déli Station to Close for Weekend Repairs Ahead of Major Upgrade

Budapest’s Déli railway station will close entirely on Oct. 10-11 for maintenance aimed at eliminating several speed restrictions, Transport and...

Kissmiklos Marks Shift to Fine Art With ‘Lobbyism’ Exhibition at Hotel Clark

Hungarian artist kissmiklos is shifting his creative focus entirely to fine art, marking the transition with “Lobbyism,” an exhibition that...

Tourism Agency Consults 70 Industry Groups on Strategy Through 2036

The Hungarian Tourism Agency (MTÜ) is drawing on recommendations from 70 professional organizations to develop a sector strategy through 2036,...

Renewing the Spirit of Countryside Wellness Hospitality

More than a year after taking over Sárvár’s Spirit Hotel Thermal Spa, Zoltán Árvai is balancing the traditions of an...

State and City to Renew Budapest’s Danube Waterfront

The gov't and Budapest will form a new 50–50 joint company to develop the Budapest section of the Danube, resolving...

WWII Munitions Removed From Two Budapest Riverside Locations

Military bomb disposal experts removed World War II munitions discovered near Szabadság Bridge and on Margaret Island on Saturday, prompting...

3-day Kerekdomb Festival Returns to Tállya

The historic village of Tállya is in the Tokaj-Hegyalja wine region, part of the UNESCO World Heritage, nestled among the...

Hungarian Jazz Great Gábor Szabó Honored at Magyar Zene Háza

With the opening of a pop-up exhibition at Budapest’s switched-on Magyar Zene Háza, the 90th anniversary of Gábor Szabó’s birthday...

Wizz Air Ranks Second Among Central European Airlines at Skytrax Awards

Wizz Air has been named the second-best airline in Central Europe at the 2026 Skytrax World Airline Awards, based on...

Government Agrees to HUF 120 bln Budapest Bailout and Transport Funding Overhaul

The government will provide Budapest with HUF 120 bln to settle outstanding debts under a deal that also includes shared...

Investing in a Functioning Economy

About 90 guests attended an Economy CEO Breakfast and Executive Leadership Forum at the Kempinski Hotel Corvinus Budapest on Thursday...