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May 2016

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Budapest - view from the Buda Castle | Sándor Laczkó

EU record home price rise in Hungary

D&T
May 16, 2016

The latest home price index analysis by the Hungarian mortgage bank FHB suggests that home prices in the country rose by 14% on average from a year earlier, the biggest increase seen in a European Union member state.

Hungarian badminton player Laura Sárosi | source: badminton.hu

Hungarian fair play candidate qualifies for Rio

D&T
May 15, 2016

Hungarian badminton player Laura Sárosi has qualified for the Summer Olympic Games to be held in Rio de Janeiro, Brazil this August. She gained fair play fame at the European championship this April when she loaned a pair of shoes to her German opponent.

Hungarian players celebrating a goal against Belarus | source: www.iihfworlds2016.com

Historic Hungarian success in ice hockey

D&T
May 14, 2016

Hungary's national ice hockey team defeated Belarus 5-2 at the men's world championship to score the first Hungarian victory in the top division since 1939. Hungary avoids relegation if it scores as many points against Germany as Belarus against France.

Construction workers in Budapest's 7th district | Sándor Laczkó

Worst first-quarter growth data in Europe

D&T
May 13, 2016

Hungary’s 0.8% quarter-on-quarter GDP contraction in January-March was the sharpest drop in the entire bloc and the only country that fared worse than Hungary in terms of yr/yr growth was recession-ridden Greece, portfolio.hu quotes Eurostat.

The reneweed Széll Kálmán Square in Budapest | István Ruzsa / MTI

Major square renovated in Budapest

D&T
May 12, 2016

Busy Széll Kálmán Square has been renovated in the framework of a HUF 5.3 billion project. Online and print media reports suggest many of the project elements were extremely overpriced - something denied by the Center for Budapest Transport.

The Hungarian Bocuse d'Or team celebrates success | Tamás Kovács / MTI

Hungarian chef wins Bocuse d’Or European final

D&T
May 11, 2016

Hungarian chef Tamás Széll and his team have won the European final of Bocuse d’Or - the world’s most prestigious contest for chefs - that ended in Budapest this Wednesday. Norway came in second and Sweden third in the contest that began the day before.

A camp for migrants in Körmend

Referendum against migrant quotas

D&T
May 10, 2016

Since the Curia (Supreme Court) has recently endorsed the Hungarian government’s referendum initiative on the EU resettlement quotas, governing MPs (and those of a right-wing party) have decided to hold a referendum on the issue.

Hungarian mountain climber Dávid Klein at Ferihegy Airport in Budapest | Balázs Mohai / MTI

Hungarian climber returns from Annapurna

D&T
May 9, 2016

Hungarian mountain climber Dávid Klein has returned to his native country this Monday. He is the first Hungarian to have reached the 8.091-meter high Annapurna peak in the Himalaya mountains without auxiliary oxygen and the help of sherpas.

Dunaújváros players celebrating EHF Cup victory | Tibor Illyés / MTI

Hungarian team wins European handball cup

D&T
May 6, 2016

Hungarian side Dunaújváros defeated Germany's TuS Metzingen 29-21 in the second leg of the final of the women's EHF Cup (the second most prestigious competition of the European Handball Federation), to win the trophy with an aggregate result of 55-49.

Hungarian Parliament's Foreign Affiars Committee in session | US Embassy Budapest

Reasoning and solving problems together

D&T
May 5, 2016

There are appreciable changes in Hungarian-US ties and this is thanks to a sharing of interests in several areas, according to Zsolt Németh, head of parliament’s foreign affairs committee before which US Ambassador Colleen Bell appeared this Thursday.

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EBRD to buy stake in Hungarian bank

D&T
May 4, 2016

The European Bank for Reconstruction and Development's (EBRD) Board of Directors has approved taking a 15% stake in the Hungarian unit of Erste Group Bank, an EBRD spokesman is quoted by portfolio.hu as saying this Wednesday.

From partnership to wide-ranging relations

Sándor Laczkó
May 2, 2016

As an addition to the recent coverage of Indian-Hungarian relations in Diplomacy & Trade, we have asked historian Dr. András Balogh, a former Hungarian ambassador to India, to summarize the historical relations between the two countries.

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