Budapest

Awards

OTP deputy chairman sells nearly whole stake in bank

Of note: According to a statement from OTP, “Antal Pongrácz, OTP Bank Board of Directors deputy chairman, sold 200,000 OTP...

History

Orbán on bank levy, saving co-ops, GDP growth

Simply put: BBJ passes on a couple quotes from Prime Minister Viktor Orbán on financial matters, namely the bank levy...

Sights

Parliament approves PSzÁF-MNB integration

Parliament yesterday approved legislation that integrates financial supervision into the National Bank of Hungary in the framework of the fifth...

Music

Personal income tax grows in 2012

Hungarians filed personal income tax returns for HUF 1,357 billion (approximately €4.52 billion) last year, about HUF 150 billion more...

Sights

Forex borrower groups initiate talks with banks

Civil organizations representing troubled borrowers with foreign currency-denominated loans are initiating talks with the Hungarian Banking Association to reach a...

In Hungary

Dental Tourism Development clinics turnover up 19%

Over the past 12 months, dental clinics participating in the government’s Dental Tourism Development (MFTF) program have shown an overall...

History

Patai: Political elite have taken over from financial elite

Power has shifted globally to the political elite from the financial elite, and the creativity of “our autocratic government” is...

Sights

Ministers behaving badly: Illés, Fidesz apologize

Environmental Affairs Minister Zoltán Illés has apologized for sexist and insulting remarks used in parliament against a female opposition representative....

Awards

Football news: Hungary wins 5-1, bid for 2020 Cup announced

Don’t look now, but a strange outbreak of news on Hungarian football/soccer is seeping into the headlines this week......

Sights

Dunaferr layoffs suspended pending further talks

Representatives from ISD Dunaferr and the National Economy Ministry met yesterday for a brief meeting to discuss the possibility of...

Tourism

KSH: Healthy increase in guest nights in Hungary

The Central Statistics Office (KSH) released figures on commercial accommodation in Hungary which showed a 6.2% increase year-on-year for July...

Tourism

Forecast: August CPI to be 1.65%

Based on a poll of local analysts, daily newspaper Napi Gazdaság reckons that consumer price inflation (CPI) will likely be...

History

Orbán opens parliament session, talks tough on issues

Prime Minister Viktor Orbán opened the autumn 2013 session of parliament today with a long “state of the administration”-type speech...

History

Budget deficit for 2013 now HUF 1.05 trillion

Draft legislation submitted by National Economy Minister Mihály Varga showed that the Hungarian federal deficit for 2013 will be HUF...

History

Orbán, Suzuki introduce new SX4 compact

Prime Minister Viktor Orbán visited the Esztergom factory of Suzuki Motor Corporation on Friday to “drive” the first SX4 S-CROSS...

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...

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...

Hungary Tourism Arrivals Fall 7.3% in August as Foreign Demand Drops

Tourist arrivals at Hungarian accommodation establishments fell 7.3% year-on-year to nearly 2.6 million in August, as international arrivals dropped 13%....