In a piece for the 'European Voice', Hungarian Foreign Minister János Martonyi voiced his opinion that governments must force the markets to change their perceptions of the eurozone and bear more common responsibility.

The Finnish Ambassador to Hungary, Jari Vilén hosted a reception Monday evening on the occasion of Finland's independence day,held on December 6 to celebrate Finland's declaration of independence from the Russian Empire.

The Finnish Ambassador to Hungary, Jari Vilén hosted a reception Monday evening on the occasion of Finland's independence day, a national public holiday held on December 6 to celebrate Finland's declaration of independence from the Russian Empire. As the holiday season is getting near, guests were entertained by a mixed choir singing in Finnish and Swedish. Since the 'original' Santa Claus is of Finnish origin by the name of Jolopukki, he was also present - accompanied by a female Santa Claus!

As announced on Monday, the Hungarian unit of German carmaker Audi is to invest over HUF 2 billion (EUR 6.64 m) in a new vehicle development division in the northwestern Hungarian town of Gyõr. The new facility will create 70 jobs.

In a recent speech in Berlin, Polish Foreign Minister Radoslaw Sikorski called for deeper solidariity and much closer economic integration in the EU, including greater supervisory powers for the European Commission over national budgets.

The Diplomacy and Trade Business Club ('The Club') held its latest networking event at the British Embassy in Budapest this Thursday to say farewell to the Ambassador of the United Kingdom to Hungary, Greg Dorey.

Laurent Vandenameele, Executive Chef of Le Meridien Budapest's Le Bourbon restaurant was recently honored by the French President for his contribution to French gastronomy. The prestigious award was presented by HE René Roudaut, French Ambassador to Hungary.

Hungary’s central bank (MNB) has raised its key policy rate by 50 basis points to 6.50% on Tuesday, in line with expectations. Although today’s rate call was in line with expectations, it does represent a turnaround in monetary policy.

Due to an increasing level of international crime with many of the criminal enterprises having their roots in the CEE region, the United States and Hungary established the International Law Enforcement Academy (ILEA) in 1995.

Moody's Investors Service has downgraded Hungary's government bond rating by one notch to Ba1 from Baa3, and is maintaining a negative outlook. The Hungarian government considers the move as “a series of financial attacks.”

Since its inception in Hungary 33 years ago, the Fulbright program has brought some 900 American scholars, students, artists, and scientists to Hungary, and an equivalent number of Hungarians to America, for research, teaching, and different joint projects.

Hungary is striving to expand its strategic cooperation with India both in terms of trade and joint investments, Deputy State Secretary in Hungary’s National Economy Ministry, Balázs Hidveghi told a conference on India this Wednesday.

The newly opened Iberostar Hotel presented itself to the partners of Diplomacy & Trade. The Spanish Iberostar hotel chain opened its first city hotel in the heart of Budapest. The creations of the Spanish chef, Juan Carlos González were a great success.

The American Chamber of Commerce in Hungary (AmCham), established in 1989, aims “to be the leading representative for US and international business in Hungary, and to promote the global competitiveness of the country”.

Hungary expects to sign a new agreement with the International Monetary Fund (IMF) and the EU early next year, the country's Economy Ministry said on Friday. Hungary, in a reversal of policy, wants to see the IMF act as an "insurance".