History

History

Bulgaria’s banking botch up

In late 1996, Bulgaria found itself beset with both a banking crisis and hyperinflation. Nine out of the country’s 10...

History

M3 upgrade to start

National Development Minister Miklós Seszták and Budapest Mayor István Tarlós started negotiations yesterday on the planned upgrade of Budapest’s major...

History

Hungarian PM removed from Oxford hall of fame

Hungarian PM Viktor Orbán was deleted from the hall of fame section of British Oxford university, Hungarian online daily borsonline.hu...

History

Move to free Norway funds called insufficient

The Hungarian government met some of the demands necessary to receive the Norway funds, but not all of them....

History

State plans more nationalizations

MKB bank was just an appetizer. After announcing its intention to buy the German-owned bank, the Hungarian government is about...

History

Fidesz rejects criticism from EC VP Kroes

Governing party of Hungary Fidesz dismissed the criticism on media freedom made by EC Vice President Neelie Kroes...

History

EC vice president: Media pluralism in danger

Neelie Kroes, Vice President of the European Commision in charge of digitilization, yesterday published a long post on the European...

History

A bright future for Indonesia

On July 22, 2014, Joko Widodo was declared the winner of Indonesia’s presidential election. The election process was phenomenally successful....

History

Varga: Borrowers’ relief won’t break the banks

National Economy Minister Mihály Varga dismissed speculation that the borrowers’ relief package will bring banks to the brinks of bankruptcy,...

History

German bank to sell MKB to Hungarian Government

In order to be eligible for support from the German state, BayernLB Bank will sell MKB Bank to the Hungarian...

History

Official: Gov’t to revisit spending freeze in December

The Hungarian government is expected to make decision in December on whether to free up or cancel HUF 110 bln...

History

Hungary to open two new consulates-general in Germany

Hungary will establish two new consulates-general in Duesseldorf and Stuttgart, Germany, the Hungarian foreign minister said after negotiations with his...

History

Mixed signals: China’s unpredictable foreign policy

The 18th Party Congress in November 2012 produced new leadership for China, but it did not produce much optimism for...

History

Orbán: Spending freeze precautionary measure

The HUF 110 bln freeze in central budget spending, which was announced yesterday, is a “precautionary measure”, Hungary’s Prime Minister...

History

Bad for business and democracy

The following editorial is from July 18 print edition of the Budapest Business Journal....

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...