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December 2020

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More Births and Fewer Deaths

D&T
Aug 28, 2020

In January–July 2020, the number of births was 4.9% more and that of deaths 5.1% less than in the corresponding period of 2019 according to preliminary data reported by the Central Statistical Office. As a result, the natural decrease declined by 23% or 6,480 compared to January–July 2019. In July 2020, the number of live […]

Ballooning Deficit

D&T
Aug 28, 2020

The bigger than expected decline in Hungary’s economic output has dealt a significant blow to the government’s budget plan for 2020. As a result of the weak GDP data in the second quarter and further restrictive measures made necessary by the second wave of the epidemic, the Finance Ministry was forced to revise its budget […]

Swisscham: Quarter of a Century in Hungary

D&T
Aug 27, 2020

The Swiss-Hungarian Chamber of Commerce ‘Swisscham Hungary’ was founded in 1995. The leaders of the organization, President Dr. István Béres and Managing Director Júlia Lipovecz had a different jubilee year in mind for 2020. They tell Diplomacy&Trade what they planned, what they could do and what they have postponed due to the pandemic situation. “We […]

Budapest Wine festival Limited

D&T
Aug 27, 2020

This year's Budapest Wine Festival will be held under the name 'Budapest Wine Festival Limited', with a limited number of visitors and size, between September 10 and 13 in the Hunyadi courtyard of the Buda Castle. Despite the smaller size, the festival awaits wine lovers with the same standard: premium wines and champagnes, top gastronomy, […]

Spreading a Message of Global Solidarity and Stability

Edith Balázs
Aug 26, 2020

As an international pioneer of environment protection, international solidarity and peace promotion, Switzerland propagates these core values in Hungary as well through the presence of Swiss enterprises and Swisscham Hungary, the bilateral chamber operating in the country, says Peter Burkhard, Swiss Ambassador to Hungary. The diplomat stresses that an extensive overhaul of the nation’s education […]

Telekom Expands 5G Service Area in Hungary

D&T
Aug 26, 2020

By the end of August, Magyar Telekom’s service achieved another milestone by switching on dozens of new stations, and thus, the commercial service, offering gigabit download speed is already available in 23 settlements, a press release by the company says. On April 9, Magyar Telekom launched their commercial 5G service, which can be used with […]

New IT Innovation & HR Services Hub in Hungary

D&T
Aug 25, 2020

Nilfisk, a leading global manufacturer of cleaning machines for professionals and consumers, is expanding its footprint and investment in Hungary with the establishment of a new joint IT innovation & HR Services hub in Budapest. Nilfisk has been present in Hungary for more than 20 years with assembly facilities in Szigetszentmiklós and Nagykanizsa. The new […]

State Gambling Company Hospital Donation

D&T
Aug 25, 2020

State monopoly gambling firm Szerencsejáték Plc. provides HUF 150 million in support to three hospitals in Budapest for the purchase of special tools and equipment to help with epidemiological control. The CEO of the lottery company, Gábor Czepek said at the press conference in Budapest on Tuesday that the company offered HUF 50 million per […]

Blood Shortage in Hungary: Restrictions Introduced

D&T
Aug 24, 2020

Due to the decrease in blood supply, the Hungarian National Blood Transfusion Service (OVSZ) provides blood preparations only for urgent interventions. The Service calls for people to donate blood. After a long weekend of four days, the help of blood donors is extremely needed. This is because the situation caused by the coronavirus epidemic, the […]

Richter Share Price Breaks Record

D&T
Aug 24, 2020

A three-year price record for the shares of the Hungarian pharmaceutical company Gedeon Richter was broken on Monday: the price rose above HUF 7,300 at the Budapest Stock Exchange. The company is one of the winners of the coronavirus epidemic, it is helped by the weakening of the Hungarian currency, and its sales are not […]

Festive Book Week 2020 Cancelled

D&T
Aug 24, 2020

Festive Book Week, the biggest celebration of contemporary Hungarian literature was to be held for the 91st time this year in June. Due to the pandemic, it was postponed to September but now, organizers have canceled it for this year. The original dream of Hungarian author Géza Supka – for publishers, writers and readers to […]

Day of Remembrance for Victims of Stalinism and Nazism

D&T
Aug 23, 2020

Black Ribbon Day, officially known in the European Union as the European Day of Remembrance for Victims of Stalinism and Nazism was observed this Sunday at the Gulag monument in Budapest. This international day of remembrance for victims of totalitarian regimes, specifically Stalinist, communist, Nazi and fascist regimes is observed annually on August 23 and […]

Teacher Shortage in Hungary

D&T
Aug 23, 2020

Barely a week and a half before the start of the school year, more than a thousand upper grade and over four hundred lower grade teacher jobs are advertised by the Ministry of the Interior. According to educators ’advocacy organizations, the situation is tragic, and if the government does not decide on a pay rise, […]

COVID-19: Two More Deaths in Hungary

D&T
Aug 23, 2020

Two chronically ill elderly patients died in Hungary, bringing the official number of pandemic-related deaths to 613. The number of confirmed people infected with the new coronavirus in Hungary now stands at 5,155. Those in compulsory home quarantine number 7,420 while 3,695 have officially recovered. The total number of active COVID-19 cases is 847. According […]

Show Jumping World Cup in Budapest

D&T
Aug 22, 2020

The Hungarian capital hosts a four-day show jumping world cup event this long week-end in the National Riding Hall. This Saturday, the Gold Tour event took place with 49 horses participating. Following a jump-off of seven competitors – necessitated by a tie – the top position (and a prize money of EUR 12,885) was won […]

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