History

History

Time approaching to take profits from Hungarian assets

The central bank’s thirst to reach a record low base rate month after month seems unabated, but market analysts say...

History

$2 billion in international bonds to be sold before year’s end

Hungary wants to raise about $2 billion on international bond markets before the end of this year, National Economy Minister...

History

Closer economic cooperation with Russia sought

Foreign Trade State Secretary Péter Szijjártó met with the Tatarstan, Russia, regional deputy premier Ravil Muratov in Budapest yesterday in...

History

Hungary, Oman coming together on aviation, sport, water management

Foreign Ministry Deputy State Secretary Péter Wintermantel concluded an official visit to Oman this week in a bid to exploit...

History

Bank’s fx loan proposal rejected; gov’t plan to Parliament

A proposal by the Hungarian Banking Association (MBSz) on assistance for borrowers with foreign currency-denominated loans will not solve the...

History

Gov’t wants to cut forex loan repayments by 15%-20%

Hungary's government wants to find a solution for borrowers with foreign currency-denominated loans that reduces their repayments by 15%-20% from...

History

Varga: Forex loan fix to be longer-term, talks “constant”

Hungary’s government is working on legislation to help troubled forex-based loan borrowers over a longer time period, not with an...

History

State Audit recommendations on budget under consideration

The government is considering recommendations by the Fiscal Council and the State Audit Office (ÁSz) on possible risks affecting next...

History

Editorial: On keeping friends close and…

Events in recent weeks have made it sometimes difficult to get a clear picture of how relations currently stand within...

History

Utility price reduction statement approved by Parliament

Hungary’s Parliament on Monday approved a political statement on defending reductions in utility bills; the statement was submitted by lawmakers...

History

Strengthening Hungary-China relations discussed

Foreign Affairs State Secretary Péter Szijjártó met with Communist Party of China Research Institute president/Central Committee member Rong Leng in...

History

“Battlegroup” for Visegrád Four in 2016

The prime ministers of the Visegrád Four group (Hungary, Czech Republic, Poland, Slovakia) who met this week in Budapest have...

History

IMF, World Bank regard Hungary economy well

The Hungarian economy received favorable assessment by the International Monetary Fund and the World Bank thanks to the government's early...

History

Raiffeisen CEO: “We want to stay in Hungary”

Despite certain rigid measures against the banking industry in Hungary – at a cost to Austria-based Raiffeisen Bank International (RBI)...

History

EC excludes Magyar Gáz Tranzit as interconnector operator

The European Commission has excluded a state-owned Hungarian company from operating an interconnector between the gas networks of Hungary and...

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...