85% of Hungarians would find it a powerful help if tourism operators received some form of VAT rebate. The proposal came up in a European Parliament committee because it is seen as a useful tool for improving liquidity for players in the troubled sector. According to a joint representative survey by the Hungarian business news […]
The stock index of the Budapest Stock Exchange (BSE) rose in increasing turnover during the four-day trading week; the BUX index closed at 44,042.12 points on Friday, 330.28 points, or 0.76% higher than the previous week’s closing value. The stock market turnover was HUF 58.04 billion after last week's HUF 48.03 billion, with the leading […]
The Hungarian women's handball team made it to the Tokyo Olympics postponed to this summer as Russia defeated Kazakhstan 33-26 in Saturday's second round of the qualifying tournament. This result at the qualification tournament in Győr, NW Hungary decided that the Hungarians would finish in one of the first two places that are worth Olympic […]
Szombathely, in the Western part of the country, is the happiest city in Hungary, followed by Nyíregyháza, according to research conducted on the occasion of World Happiness Day by the Jobb Veled a Világ (The World is Better with You) foundation. According to an announcement carried by the state news agency MTI, the Positive Psychology […]
11,132 new infections and 227 fatalities in the past 24 hours - these are highest figures in both categories in Hungary since the start of the new coronavirus epidemic. It means that the official number of identified infected people increased to 560,971. The majority of the 227 deaths were elderly, chronic patients and the number of […]
As a result of border crossing restrictions and Covid-19 protection measures for commercial accommodation, domestic tourists spent 86% fewer tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) compared to the same period of the previous year. International guests spent 94% fewer nights. As the Central Statistical Office […]
The Hungarian geothermal energy company PannErgy says it has been able to replace the emission of more than half a million tons of carbon dioxide with green heat production. As a green energy producer, PannErgy says it has has long been one of the major players at the forefront of zeroemission energy production in the […]
By Friday, the number of newly registered infections had jumped significantly: the new coronavirus had been detected in 10,759 people in a single day. The daily death toll is also a record. Since the outbreak of the pandemic in Hungary about a year ago, there have never been so many new infections reported in 24 […]
Hungary is in “the most critical” period of its management of the coronavirus pandemic, with the country registering record infection numbers and deaths each day, the chief medical officer said earlier this week. As the nation’s healthcare nears capacity, fears are rising that the pandemic will get out of control. The country’s Chief Medical Officer […]
The Balaton Sound and VOLT festivals will not be held this year either, the two events will return in 2022, according to the organizer Sziget Press Office's announcement on Thursday. The news is no big surprise, as the organizers also indicate, in canceling big concerts and festivals all over Europe in a row because the […]
207 Hungarians passed away in the past 24 hours due to the new coronavirus epidemic. The majority of the deceased were elderly, chronic patients. This is a sad record as it was for the first time that the daily number went over two hundred. A day earlier, 195 deaths were reported. It means that the […]
The Norwegian Academy of Science and Letters has decided to award the Abel Prize for 2021 to Hungary's László Lovász of the Alfréd Rényi Institute of Mathematics (ELKH, MTA Institute of Excellence) and Eötvös Loránd University in Budapest and Israel's Avi Wigderson of the Institute for Advanced Study, Princeton, USA "for their foundational contributions to […]
Hungary has concluded an agreement on favorable financing terms for the development of its military: EUR 348.5 million, i.e. about HUF 130 billion, will be provided by Export Credit Norway (ECN) and the Norwegian Export Credit Guarantee Agency (GIEK) to increase the country's combat defense capabilities. According to an announcement on Wednesday, the Ministry of […]
195 Hungarians fell victim to the new coronavirus infection in the past 24 hours – the highest number for a single day in this pandemic. The previous sad record occurred on December 5, 2020, with 193 victims of the new coronavirus. Altogether, 17,421 people have died from the complications of the virus in this country. […]
Vodafone Hungary has announced it will assist the National Laboratory of Security Technologies of the National Public Service University (NKE) as a consortium partner. The unit conducts research and development in areas such as technology-based security issues affecting institutions, municipalities and border management, as well as cybersecurity and 5G. The operation of the laboratory will […]
