Culture

Awards

OTP could pay HUF 170 bln on borrowers’ relief

Hungary’s OTP Bank expects rebates and refunds due under borrowers’ relief legislation as well as the effect of the conversion...

History

Gov’t to mandate municipalities to invest in gov’t securities

The government is in the process of preparing a proposal that will require municipalities to put their long- and short-term...

History

Popularity of state television news program falls sharply

The viewership of the recently reprogrammed state-owned television channel M1’s main evening news program has dropped over 50% in nearly...

Awards

Invitel presents InnoMax awards

Hungarian tele- and info-communications company, Invitel today presented its sixth InnoMax awards, the firm’s CSR program, offering the awards in...

History

Hungary inaugurates trading house in Tel Aviv

The Hungarian National Trading House (MNKH), established by the state to seek out new business opportunities for Hungarian companies active...

History

Forint weakens again on interbank market

The forint was trading at 307.68 to the euro late Wednesday on the interbank forex market, down from 306.92 late...

History

Hungary could introduce ‘Google tax’

Hungary could introduce an extraordinary levy on “multinational internet-based companies”, commonly referred to as the “Google tax”, Tamás Deutsch (pictured),...

Awards

MNB fines Banif Plus Bank for violating settlement rules

The National Bank of Hungary (MNB) has fined Banif Plus Bank HUF 18 mln for violating the rules on the...

Awards

Hungarian-born European bank head dies

Alexandre (Sándor) Lamfalussy (pictured), the Hungarian-born former head of the European Monetary Institute, the forerunner of the European Central Bank...

History

Utilities price cuts donʼt produce scaled back investments

The energy sector has not scaled back investments in spite of government-mandated cuts to household utilities fees, deputy state secretary...

History

UNHCR calls on Hungary to protect refugees

The UN Refugee Agency raised concerns over what it says are efforts by the Hungarian government to regard refugees as...

History

Hungary opposes ISDS clause in T-TIP treaty

Hungary is against the inclusion of the investor-state dispute settlement (ISDS) clause in the Transatlantic Trade and Investment Partnership (TTIP)...

Awards

Developer Market to start building homes

Hungary’s real estate developer Market is planning to move into home building, CEO Sándor Scheer said in an interview with...

History

Erste seeks resolution in dispute over brokerage compensation

Austrian lender Erste Group is hoping to reach an amicable resolution in the dispute with the Hungarian government regarding compensation...

History

Analyst: Upcoming months will tell why Templeton sheds debt

Emerging Market specialist Franklin Templeton Investments could have reduced its Hungarian debt exposure to compensate its losses in Ukraine, and...

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...

Culture

The People of DSB: Growing Through Encounters

What makes a school special? Its buildings, facilities, and academic program certainly matter. But ultimately, a school is shaped by...

Culture

How Hope Became Hip in Hungary

Minister of Health Zsolt Hegedűs’ election victory dance has won him a New York Times accolade of being one of...

Culture

Hungary’s St. Stephen’s Day Celebrations to Feature Fireworks, Audiovisual Show

Celebrations marking Hungary’s Aug. 20 national holiday will run for three days and feature fireworks and an audiovisual show, government...

Culture

‘Old Warhorse’ Antonia Burrows Faces Uncertain Budapest Future Among Library Books

For someone liable to be subject to a deportation order in a few weeks, Antonia Burrows spends a lot of...

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...

The People of DSB: Growing Through Encounters

What makes a school special? Its buildings, facilities, and academic program certainly matter. But ultimately, a school is shaped by...

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...

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...

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...

Hungary Selects Ildikó Enyedi’s ‘Silent Friend’ as Oscar Entry

Ildikó Enyedi’s “Silent Friend,” starring Tony Leung Chiu-wai, will represent Hungary in the int'l feature film category at the 99th...

Rural Entrepreneurs Awards Return as SMEs Outside Budapest Employ Nearly 1 mln

Nearly 300,000 MSMEs outside Budapest employ almost 1 mln people and generated HUF 38.9 tln in net revenue in 2025,...

How Hope Became Hip in Hungary

Minister of Health Zsolt Hegedűs’ election victory dance has won him a New York Times accolade of being one of...

United States Named Guest of Honor at Hungary’s 40th Festival of Folk Arts

The United States will serve as guest of honor at Hungary’s 40th annual Festival of Folk Arts, to be held...

Hungary’s St. Stephen’s Day Celebrations to Feature Fireworks, Audiovisual Show

Celebrations marking Hungary’s Aug. 20 national holiday will run for three days and feature fireworks and an audiovisual show, government...

‘Old Warhorse’ Antonia Burrows Faces Uncertain Budapest Future Among Library Books

For someone liable to be subject to a deportation order in a few weeks, Antonia Burrows spends a lot of...

Hungary’s Presidential Sándor Palace to Reopen to Visitors

The presidential Sándor Palace in Budapest will reopen to visitors from Aug. 1-8, the speaker of parliament, who is exercising...

From Piquet’s Powerslide to Norris’ Triumph: 40 Years of Formula One in Hungary

Formula One’s arrival in Hungary in 1986 was remarkable long before the cars reached the starting grid. At the height...