White Star Real Estate announced yesterday the start of construction of park22, a HUF 15 billion business park in Budapestʼs District XXII, to the south of the Buda side of the capital, state news wire MTI reports.
Prime Minister Viktor Orbán has refused to meet the three “wise men” sent by the European Peopleʼs Partyʼs (EPP) to investigate whether his governmentʼs operation conforms to the democratic values of the EPP, at least until after the European parliamentary elections, reported the online version of daily Népszava.
With the February core inflation accelerating to a six-year-high of 3.5%, and headline inflation being one percentage point above the mid-term goal of 3%, the National Bank of Hungary (MNB) is closer than ever to the start of a normalization process.
The state of Hungary has purchased a painting by the French Impressionist Pierre-Auguste Renoir for USD 12.3 million for the Museum of Fine Arts, Prime Minister Viktor Orbán announced on Tuesday at a ceremony to inaugurate the new National Museum Restoration and Storage Center (OMRRK).
Due to problems facing the German automotive industry, several large manufacturers are rethinking their plans, with temporary changes meaning that Mercedesʼ factory expansion in Kecskemét will also be postponed, news site index.hu reports, citing information from Daimler HQ in Stuttgart, Germany.