Hungary is set to go ahead with appointing four new external members to the Monetary Council of its central bank, under the new nomination rules passed by parliament, despite stark remarks by the president of the European Central Bank.

‘Recovery from this recession is dependent on innovation. The time to invest is now’ - said the EU Commissioner for Innovation, and yet, looking at Hungary's place at SII, it is obvious that there is a great room for development.

The Ambassador of the Republic of Korea to Hungary, Chung-ha Suh, is satisfied with what has been achieved in bilateral relations since his arrival to Budapest in 2008, he explained in an interview with Diplomacy and Trade.

The website of Antro, a revolutionary Hungarian car design company, is more and more popular since Time magazine listed the company's super-light electric vehicle as one of the 50 best inventions of 2010, the weekly Heti Válasz says.

The City of Budapest has launched an Internet survey asking residents to select one of 12 spots in the city to be named after Elvis Presley, the mayor of the Hungarian capital, István Tarlós announced on Wednesday.

Visitors who have ventured into the mysterious land of Suriname, simply refer this out-of-the-way country as nothing but unusual. Comfortably nestled between Guyana and French Guiana, Suriname is indeed unusual for several reasons.

The government's Széll Kálmán Plan seeks to eliminate the danger of indebtedness both at the individual and the national level, Prime Minister Viktor Orbán wrote in his introduction to the program unveiled on Tuesday.