Budapest

Music

MNB: Hungary-based banks profitable thus far in 2013

Hungarian banks limited by shares had combined after-tax of HUF 36.2 billion in Q1-Q3, compared to a loss of HUF...

Music

Gen gov’t deficit reaches 84.5% of full-year target in October

Hungary’s cash flow-based general government deficit, excluding local councils, reached HUF 887.7 billion at the end of October or 84.5%...

Sights

Analysts: MNB base rate likely to go below 3%

Hungary’s central bank is likely to slash its policy rate well below 3% amid increasing risks of deflation, London-based emerging...

Sights

US FDA rejects new drug application from Richter

The US Food and Drug Administration (FDA) has rejected Hungary-based pharmaceutical producer Gedeon Richter’s “New Drug Application” to distribute its...

History

Number of cigarettes cleared for sale in Hungary falls sharply

The number of cigarettes cleared for sale in Hungary fell 24% to 7.6 billion in January-September from the same period...

Sights

Report: 8 kilometer extension for M0 highway by 2020

An eight-kilometer stretch of the M0 ring road around the capital could be built between 2018 and 2020, daily newspaper...

Music

Banks hammered with HUF 9.5 billion fine for “cartel activity”

The Hungarian Competition Authority (GVH) announced today that 11 banks representing a combined market share of nearly 91% in the...

History

RBI CEO plays coy on intentions for Hungary

Having already announced its planned scaling back in Hungary among other markets in region, a spokesperson for Austria-based Raiffeisen Bank...

Social

Question for Hungarians: Facebook or sex?

Using Facebook takes an hour away from the average Hungarian’s life. Work time and bedtime equally affected – so say...

Conferences

EBRD chairman, Orbán discuss SMEs, technology export

Prime Minister Viktor Orbán discussed the role of SMEs and the export of technology at a meeting with European Bank...

Music

Good news for OTP, K&H; RBI considers position

Yesterday was busy in terms of bank-related news, and BBJ rounds up three of the bigger stories from the headlines...

Drinks

Tokaji revamped: Iconic wine region in makeover

Tokaji, possibly the only Hungarian wine that is familiar outside Europe, is undergoing a revamp. A set of guidelines approved...

Music

Electricity distributors ELMŰ, ÉMÁSz show declining profit

The profits of Hungarian electricity distributors ELMŰ and ÉMÁSz declined during the first three quarters of 2013, consolidated interim management...

History

Szijjártó: Government aims to make Hungary a key transit country

The government aims to turn Hungary into a key transit country for east-west transportation, Foreign Trade State Secretary Peter Szijjártó...

Sights

AmCham names Réka Porst “Woman Entrepreneur of the Year”

The American Chamber of Commerce (AmCham) has announced the naming of Meska.hu co-founder/director Réka Porst the winner of its fourth...

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...

In Hungary

A Shared Celebration: An Exclusive Advent Weekend in Tállya

There is a special kind of magic in the weeks leading up to Christmas. As the year draws to a...

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...

Debrecen to Host Europe’s Battery Leaders at Hungarian Battery Days in November

Leading policymakers, industry executives, international organizations and experts will gather in Debrecen on Nov. 4-5 for the sixth Hungarian Battery...

A Shared Celebration: An Exclusive Advent Weekend in Tállya

There is a special kind of magic in the weeks leading up to Christmas. As the year draws to a...