History

History

No rate cut before IMF/EU deal, CPI pressure to still block rapid easing

Hungary's central bank is unlikely to embark on any easing cycle before a deal on a new financing package with...

History

New convergence plan likely sufficient to unfreeze cohesion funds, says City

Hungary's updated convergence plan, submitted to Brussels on Monday, is likely to prove sufficient to lift Hungary from the Excessive...

History

“Risk scenario approaches” in IMF/EU loans story, says City

The risk scenario of EUR/HUF levels above 300 is now approaching and the Hungarian risk premium has decoupled "once again"...

History

Hungary still awaits IMF’s reply

National Economy Ministry State Secretary Gyula Pleschinger, a member of Hungary's delegation for talks on a precautionary financial-assistance package with...

History

IMF expected to grant Hungary €10-15 bln credit line

The International Monetary Fund (IMF) will soon be ready to grant Hungary a two-year credit line of €10 billion-15 billion,...

History

Hungary’s President Pál Schmitt resigns

As a result of the plagiarism scandal around his doctoral thesis, Pál Schmitt announced his resignation as President of Hungary...

History

Grandfathers and Revolutions: The Film Hungarian-Australians Tried to Ban

With the approach of the 70th anniversary of the 1956 Hungarian Revolution, Australian filmmaker Peter Hegedüs says his documentary on...

History

Budapest Ghetto Wall Exhibition Loses Focus of Core Historical Horror

In some countries, a city’s “ghetto” refers to a historical quarter, long populated by an ethnic or religious minority, possibly...

History

Hungarian Jazz Guitar Great Gábor Szabó Honored in Budapest

In October, a plaque commemorating quietly influential Hungarian-born jazz guitarist Gábor Szabó was erected at the site of his family’s...

History

Obituary: Péter Pallai – Revolutionary Fighter, Builders’ Laborer, Teacher, Journalist, Jazz Ambassador

Péter Pallai, probably best known globally as a BBC Hungary correspondent, won affection in whatever role he took on. He...

History

National Flag Honoring March 15 Heroes Raised in Front of Parliament

The national flag was raised with military honours to commemorate the March 15th national holiday on Saturday in front of...

History

House of Unicum Takes Visitors on a 270° Immersive Trip Through Time

The House of Unicum has unveiled a new addition to its visitor experience: since September, guests have been able to...

More Than 200 WWII Explosives Found at Budapest Construction Site

Bomb disposal specialists recovered more than 200 World War II explosive devices and fragments at a construction site on Üllői...

Hungary to Open Communist-Era Secret Service Files on November 4

Hungary’s government will make communist-era secret service documents public on Nov. 4, fulfilling one of the ruling Tisza Party’s main...

Grandfathers and Revolutions: The Film Hungarian-Australians Tried to Ban

With the approach of the 70th anniversary of the 1956 Hungarian Revolution, Australian filmmaker Peter Hegedüs says his documentary on...

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...

Hungary to Release Some Communist-era Secret Service Files on Oct. 22

Some secret service files from Hungary’s Communist regime will be made public from Oct. 22, the eve of the 70th...

Mákos Pite and Red Dope

It’s spring, and the poppies of Hungary are blooming in the field. Sitting outside a café in Szeged, I’m munching...

Budapest’s Renewed Citadella Reopening This Week

Budapest's Citadella will reopen to visitors on March 28 after a multiyear restoration that has transformed the deteriorating fortress into...

Budapest’s Citadella to Reopen after 4‑Year Restoration

The historic Citadella atop Gellért Hill in Budapest has undergone a comprehensive four‑year renovation and is set to reopen to...

Budapest Ghetto Wall Exhibition Loses Focus of Core Historical Horror

In some countries, a city’s “ghetto” refers to a historical quarter, long populated by an ethnic or religious minority, possibly...

Hungarian Jazz Guitar Great Gábor Szabó Honored in Budapest

In October, a plaque commemorating quietly influential Hungarian-born jazz guitarist Gábor Szabó was erected at the site of his family’s...

Ralph Brewster: the Would-be American who Couch-surfed WW2 Budapest

What existed on the plot now occupied by the Mammut 2 shopping mall on Margit krt? Who was Aladár Rácz?...

Obituary: Péter Pallai – Revolutionary Fighter, Builders’ Laborer, Teacher, Journalist, Jazz Ambassador

Péter Pallai, probably best known globally as a BBC Hungary correspondent, won affection in whatever role he took on. He...

National Flag Honoring March 15 Heroes Raised in Front of Parliament

The national flag was raised with military honours to commemorate the March 15th national holiday on Saturday in front of...

House of Unicum Takes Visitors on a 270° Immersive Trip Through Time

The House of Unicum has unveiled a new addition to its visitor experience: since September, guests have been able to...