History

History

Veres chalks up S&P downgrade to past fiscal policy

Standard and Poor's downgrade of Hungary's long-term sovereign credit rating to BBB+ from A- by credit rating agency (S&P) reflects...

History

Gov’t to introduce third income tax rate, raise VAT

The government plans to raise the middle VAT rate from 15% to 20% and introduce a third personal income tax...

History

Hungary to save Ft 70 bln in drug subsidies

The government is planning to save Ft 70 billion by cutting spending on drug subsidies, business daily Világgazdaság reported, citing...

History

Travel insurance market grows 16% in 2005

Hungary's travel insurance market expanded 16% in 2005, generating revenue from premiums of Ft 8.6 billion, according to figures from...

History

Hungary orders missiles for Gripens

The government has ordered missiles to equip Hungary's Gripen fighter jets, national daily Népszabadság reported on Friday....

History

CEZ aims for 10% of electricity market

CEZ, the Czech Republic's biggest energy company, aims in the medium-term to control at least 10% of Hungary's deregulated electricity...

History

Socialists, Free Democrats sign coalition agreement

Prime Minister Ferenc Gyurcsány's Socialist Party and the Alliance of Free Democrats today signed a coalition agreement to govern together...

History

Gov’t to submit legislation package on June 12

The new government will present a package of legislation affecting the budget and Hungary's state administration system after the first...

History

Gyurcsány pledges pro-reform government

Prime Minister Ferenc Gyurcsány, whom President László Sólyom has officially called on to form Hungary's next government, said he would...

History

NHH starts talks with cable TV companies

The National Communications Authority (NHH) announced on Wednesday it has started consultation with cable television companies, some of which also...

History

Hungary cancels 80% of Iraqi debt

Hungary has cancelled 80% of Iraq's debt, an amount of $184 million, Ferenc Pichler, cabinet chief of the Finance Ministry...

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...