The National Bank of Hungary (MNB) announced on Tuesday that it increased its ownership in the Budapest Stock Exchange (BSE) to 75.8% by acquiring a total stake of 68.8% from Austrian CEESEG AG and Österreichische Kontrollbank AG.
The National Bank of Hungary (MNB) announced on Tuesday that it increased its ownership in the Budapest Stock Exchange (BSE) to 75.8% by acquiring a total stake of 68.8% from Austrian CEESEG AG and Österreichische Kontrollbank AG.
This past week-end saw the first snow of the season on higher-lying areas of Hungary as temperatures dropping following an unseasonable mild weather lasting for the past few weeks. However, the 5-10-centimeter snow is not suitable for skiing.
It can never be too early. The eastern Hungarian city of Debrecen had its Christmas tree set up on Kossuth square this Friday. As the Hungarian news agency MTI reports, the 16-meter tall pine tree was offered to the city by a private individual.
The European Commission has opened infringement against Hungary for lack of compliance of the Paks nuclear power plant project with EU public procurement rules. Portfolio.hu says the move is not unexpected, as press reports have already heralded it.
Two British nationals convicted earlier for supporting terrorism, Abu Izzadeen (born as Trevor Brooks), and Simon Jonathan Keeler were detained by Hungarian police at Lõkösháza border crossing point on Sunday when discovered on a train heading for Romania.
The Hungarian Constitutional Court on Tuesday annulled parts of a law that required commercial banks to pay billions of forints to bail out clients of failed brokerage Quaestor, the financial website portfolio.hu quotes the country's state news agency.
Speaking before Hungarian Parliament on Monday, Prime Minister Viktor Orbán was of the view that the European Union had been attacked, and Hungary was also in danger and that terrorists are deliberately exploiting mass migration to blend in among migrants.
The Hungarian national football side has qualified for the 2016 European championship of 32 teams in France by defeating Norway 2-1 at the Hungarian leg of the playoff against Norway this Sunday. The first leg in Norway was also won by Hungary (1-0).
Hungarian President János Áder has sent a letter of condolence to the President of France expressing his deepest sympathy on behalf of the Hungarian people to the families and relatives of the victims of the series of terrorist attacks in Paris.
Hungary’s gross domestic product rose by 0.5% quarter on quarter in the July-September period of 2015, the Central Statistical Office (KSH) reported on Friday. According to figures adjusted for calendar effects, growth slowed to 2.3% year on year.
The Hungarian government is of the view that EU’s enlargement policy is one of the most successful community instruments, with which a predictable development path can be determined, and stability, economic growth and competitiveness can be enhanced.
Interested in MICE business? Looking for new event venues or training ideas? Or you want to hear the latest business travel trends and meet professionals? Join us for MICE Business Day Budapest on December 1 at Groupama Aréna!
The fifth Diplomatic Fair, to be organized by the Diplomatic Spouses of Budapest and the InterContinental Budapest promises to be a great extravaganza as previous years. The Fair offers a children’s corner, and a grand raffle with many prizes.
Undersecretary of State in the Ministry of Human Resources Gergely Prõhle received the Officer's Cross of the Order of Merit of the Republic of Poland, awarded by the Polish President in recognition of his merits in the development of Polish-Hungarian relations.
Consumer prices in Hungary rose by 0.1% year on year in October, the Central Statistical Office (KSH) reported on Tuesday. The financial website portfolio.hu says the market expected CPI to tick up to-0.1% from -0.4% in September.
