Sziget Festival, one of Europe’s largest music festivals, has incurred losses this year, according to preliminary estimates, Est Media Holding, the listed owner of the event, has announced on Monday. In previous years the festival generated profit.

Gwen Jorgensen of the United States won the women’s and Brent McMahon of Canada the men’s race at the ITU Triathlon World Cup in Tiszaújváros, northeastern Hungary this Sunday. The event has been held for the 15th year.

The latest "State of the Internet Report" says Hungary is among the top countries in the world regarding the average connection speed, the proportion of broadband connections and penetration from mobile networks, as well.

Hungary condemns the brutal action against the Syrian population, calls upon Syria to stop the violence, and welcomes the statement by the chairman of the UN Security Council on behalf of the international community against the use of force.

In early 2012, a new retail format, a multi-level Outlet Plaza will open its doors in central Budapest. The 10,000-square-meter retail center is a new retail format in Hungary, as outlets are usually located outside of the city.

Budapest's Sziget Festival, one of Europe's most popular outdoor musical and cultural events kicks off today with Day Zero. The festival’s Main Stage will host the 7-time Grammy winner American pop-icon Prince.

Having arrived in Hungary two years ago, Dutch Ambassador Robert Milders says - in an interview with Diplomacy and Teade - that he has witnessed exciting times, especially “the 180-degree turn in Hungarian politics”.

The United States Ambassador to Hungary, Eleni Tsakopoulos Kounalakis, accompanied by some Embassy staff, was among the four and a half thousand participants who swam across Lake Balaton this past week-end.

A new natural gas pipeline connecting Hungary and Croatia is now operational. It is a milestone event for Croatia as for the past 33 years, the country's only access to international gas pipelines had been a single line to Slovenia.

According to a decision earlier this year by the Thai government, as of 11 August onwards, Hungarian citizens are exempt from visa requirement, if they travel to Thailand as tourists and stay not longer than thirty days.

Hungarian First Division football team Újpest FC has a new sports director, Leo Beenhakker. The Dutch football expert has a successful past as he won league titles in Holland (Ajax, Feyenoord) and in Spain (Real Madrid).

Lake Balaton represents one of the greatest environmental treasures and a unique ecological fortune of Hungary. Its popularity results from the favorable climate and the nice landscape surrounding the lake.

Varanasi, also known as Kashi and Benaras, is the cultural capital of India – a mysterious place that has been slightly overlooked by visitors, who set foot in the incredible land of India only to see the majestic Taj Mahal and tick some sights of general interest.

The 20th century became a century reigned by women in The Netherlands. However this might change in the future. At least, this is the wish of 60 percent of the Dutch public. Also, some prefer the monarchy to wield no political influence, whatsoever.