The Ambassador of India, Rahul Chhabra invited guests to his residence in the Buda Hills for the celebration of the 70th Anniversary of India’s Independence. The flag hoisting ceremony was followed by greetings and the reading of the President’s message.
The 'Palace of the Soul' in the Buda Hills in Budapest presented a day of Indian atmosphere this past Sunday with Eastern style dances, cooking on open fire, traditional music instruments, fire ceremony and colorful stage performances.
The representatives from the embassies of eighteen countries and that of the Budapest mission of the European Commission were present at the event organized for them on the occasion of the quarter-of-a-century jubilee of the Sziget Festival.
The size of Hungarian state administatration is contantly growing despite earlier promises to cut it. While the Orbán government spent 7% of all expenses for the wages of government employees in 2010, this figure in 2018 is expected to be 12%.
According to information published at the website of the Budapest Stock Exchange, in the framework of the developments tby Graphisoft Park, there will be 20,000 m2 office space and underground parking for 750 cars constructed by 2018.
Lending is gaining more and more importance as the pace of economic growth is accelerating, Minister for National Economy Mihály Varga said at the opening of a Hungarian Development Bank (MFB) info point at an OTP Bank branch in the third district of Budapest.
'Dotted Annie', a cake without added sugar by Zazzi Confectionery has won Hungary's 2017 Sugar Free Cake Competition announced annually by the One Drop Drop Foundation together with the Association of Hungarian Confectionery Manufacturers.
The new direct bus link between downtown Budapest and the Liszt Ferenc Airport of the Hungarian capital is a real 'gold mine' for the Budapest Transport Center (BKK) commissioning the service, the Hungarian news website 444.hu reports.
One of Europe's biggest cultural - mainly music - festivals, the Sziget Festival on Óbuda Island (hence the name) on the River Danube has opened its gates. Programs at the anniversary, 25th Sziget Festival start this Wednesday.
In June 2017, the number of nights spent by international tourists in Hungary increased by 16% and that of nights spent by domestic tourists by 8.8% compared to the level a year earlier, Hungary’s Central Statistical Office (KSH) has reported.
In July, the GKI real estate indices for Budapest and Hungary stood at 1 and 0 points respectively. Both figures dropped slightly by one point, compared to the previous survey. Both indices went up 2 points, compared to the survey made one year earlier.
On the occasion that Spain and Hungary mark the 40th anniversary of diplomatic relations this year, the Ambassador of the Kingdom of Spain to Hungary, José Ángel López Jorrin talks to the latest issue of Diplomacy&Trade.
The National Bank of Hungary has sold heritage protected Eiffel Palace, a downtown office building in the vicinity of the Nyugati railway station in the Hungarian capital, to the Luxembourg-based Corpus Sireo Real Estate investment fund for EUR 53.8 million.
Mastercard has compiled a list of 'Europe's hidden treasures' with Balaton Uplands, the area along the northern shore of Lake Balaton, Central Europe’s largest freshwater lake, in Western Hungary, making it to the list in position 15.
In the month of July 2017 the state budget posted a surplus of HUF 94.4bn, thanks mainly to higher-than-expected tax revenues, according to a statement about fiscal data by the Hungarian Ministry of National Economy.
