History

History

Hungarian interest rates to fall in 2007, 2008

Hungary's central bank, which raised interest rates five times last year, probably will start cutting them this year and into...

History

FM to open new diplomatic missions despite budget cuts

Despite a 6% reduction in its 2007 budget, Hungary's foreign ministry plans to open new diplomatic missions and set aside...

History

Hungary picks KrasAir, LAL of Lithuania for talks in Malév sale

Hungary picked Airbridge Zrt, a local investment vehicle for OAO KrasAir owner Boris Abramovich, and Lithuanian airline owner LAL Investiciju...

History

Heroin, ecstasy flood China as drug gangs target rich

Guo Chunlei earns the equivalent of $64,000 a year from the driving school he owns in Beijing. It pays for...

History

Russia and Belarus agree to end oil dispute, Lukashenko says

Russia and Belarus have agreed to end a dispute over oil duties that led to the closing of Russia's main...

History

Mol refinery can tap Hungarian oil reserves

Hungary will allow Mol to tap government oil stockpiles to supply its 161,000 barrel a day Százhalombatta refinery in central...

History

Dracula castle in Transylvania may fetch €60 mln

Dracula's castle may sell for €60 million ($78 million) after the local government offered to buy the Transylvanian fortress to...

History

Mol of Hungary says Russian crude oil shipments drop

Mol Rt., Hungary's biggest refiner, said oil supplies from Russia dropped by half, forcing it to tap reserves and find...

History

Sanpaolo buys IEB majority stake

Sanpaolo IMI Internazionale, a wholly-owned subsidiary of Intesa Sanpaolo, a bank created from the merger of the Italian banks Sanpaolo...

History

UK Conservatives urge agreement to curb human trafficking

Britain's opposition Conservative Party urged the government to tackle human trafficking, saying the nation should sign up to a European...

History

China to attract $63.81 bln in FDI in 2007

China expects to attract about $63.81 bln in actual foreign direct investment (FDI) in 2007, the local Beijing News reported...

History

Állami Nyomda wins order from Hungary to print excise stamps

Állami Nyomda Nyrt, a Hungarian printer that makes the country's election ballots, won an order worth Ft 1.7 billion (€6.8...

History

Decision to start reforms among highlights of 2006

Measures by decision makers to put Hungary on the path of reform were among the highlights of 2006, Finance Minister...

History

Bird flu cases decline, raising new risk: complacency

Bird flu infected fewer humans in the second half of the year, prompting experts to point to a new enemy...

History

2006 bad year for Hungary in terms of inflation – Járai said

2006 was a bad year for Hungary in terms of inflation, central bank governor Zsigmond Járai said in an end-of-year...

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...