History

History

Fitch assigns ‘A’ rating to Bank of Chinaʼs notes issued in Hungary

Fitch Ratings has assigned Bank of Chinaʼs long-term notes issued, under its medium-term note (MTN) program, a final ‘A’ rating on Wednesday, based...

History

Report: Fidesz prepares pro-family campaign

Hungary’s Prime Minister Viktor Orbán ordered ministers János Lázár and Zoltán Balog to prepare a pro-family campaign by August 31,...

History

Varga encourages diversification in industrial sectors

National Economy Minister Mihály Varga warned against over-reliance on the automotive industry as an engine of economic growth while speaking...

History

Uber upbeat about government decree

San Francisco-based ridesharing company Uber is still evaluating the latest government decree impacting their drivers here, but they “are encouraged...

History

Forint scrapes together some gain versus euro

The forint was trading at 311.82 to the euro late Friday on the interbank forex market, up from 312.39 late...

History

Report: EC plans to investigate national tobacco concessions

Hungary could face an infringement procedure by the European Commission on suspicion of discrimination in the tobacco market, Elżbieta Bieńkowska...

History

Slovak PM: Respect Hungary’s decisions on immigrants

Decisions made by Hungary need to be respected due to the great pressure that the influx of migrants has put...

History

Szijjártó proposes conference on migration in Budapest

Hungary’s foreign minister Peter Szijjártó proposed in Luxembourg yesterday that leaders of the European Union, the Western Balkans, the Middle...

History

GKI raises 2015 GDP forecast to 2.7%

Economic research institute GKI has raised its projection for this yearʼs GDP growth to 2.7% from 2.5%. GKI raised its projection...

History

Former ambassadorʼs book: U.S. lost faith in Orbán

In her newly published memoir of her 2010-2013 term as American Ambassador to Hungary, Eleni Kounalakis discusses the U.S. State...

History

Editorial: Hilarious billboards are no laughing matter

The billboards are hilarious: They warn immigrants to avoid taking work away from Hungarian citizens. They are also written in...

History

Forint loses out to euro as dollar pressure returns

The forint was trading at 313.21 to the euro late Friday on the interbank forex market, down from 312.36 late...

History

Embassy: Fence won’t affect function of Serbian border crossing

Measures being taken by the Hungarian government to prevent illegal immigration through the country’s border with Serbia will not affect...

History

Hungary makes headlines worldwide with fence plan

With the planned erection of a 175 km-long and four-meter-high fence on the Serbian border to keep immigrants out of...

History

PwC: Gov’t to launch IFRS next year

In 2016, International Financial Reporting Standards (IFRS) will be available in accordance with the No.1387/2015 bill passed by the Hungarian...

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...