In the second quarter of 2022, two new office buildings were delivered to the Budapest office market with the total of 30,750 sqm, the new owner-occupied OTP HQ building with a size of 28,000 sqm and Paulay 52 with the size of 2,750 sqm, the Budapest Research Forum Q2 2022 office market summary reports. The […]
As part of an international effort to help containing fires in Slovenia, Hungarian Defense Forces soldiers were helping to extinguish forest fires in Hungary’s southwestern neighbor. Air force units from Austria, Hungary, Italy, Romania, Serbia, Slovakia were assisting Slovenian firefighters in the effort to contain and put out fires. It was on July 20th that […]
Corruption remains a serious problem for EU citizens – and this is especially true for Hungarians: 91% of those polled believe that corruption is widespread in this country, while the EU average is 68%. The European Commission has published the latest Special Eurobarometer on Corruption, which captures citizens' perceptions and experiences, as well as the […]
GKI’s economic sentiment index fell in July to its more than one-year low, the lowest since March last year. According to the empirical survey conducted by GKI Economics Research Co. with the support of the EU, business expectations fell by around eight points since April this year, while consumer expectations dropped by more than 20 […]
“Strengthening Taiwan's official or government relationship with Hungary is one of my priorities.” That is according to the Representative of Taiwan to Hungary, Ambassador Shih-Chung Liu who also tells Diplomacy&Trade about strengthening bilateral economic and cultural relations as well presenting Taiwan to Hungarians – sometimes with unusual methods. The first office representing Taiwan in Budapest […]
Saturday was the hottest day of the year in Hungary so far, the country’s National Meteorological Service (OMSZ) reported on Sunday. Highs averaged between 38 and 39 degrees Celsius, with average temperatures exceeding 29-30 degrees Celsius over a large area, especially in the southeastern half of the country. On Saturday, the hottest temperatures were recorded […]
The summer season at the Hungraian capital's Ferenc Liszt International Airport started with passenger traffic exceeding one million again in June 2022, with 1,208,169 passengers, according to the latest bulletin published by the facility's management company Budapest Airport. The airport returned to 82% of the 2019 figures, meaning that the airport is approaching the pre-pandemic […]
The Budapest Stock Exchange (BSE) share index closed the week at 42,327.67 points, up 6.73% or 2,668.44 points compared to last Friday. Total turnover rose from HUF 40.24 billion to HUF 63.92 billion, with the leading shares, with the exception of Mol, gaining, the state nedws agency MTI reported Sunday morning. The BUX closed the […]
Saturday afternoon saw the closing event of the 27th Budapest Pride series, the parade, which this year was announced under the slogan ‘Take back your future’, the state news agency MTI reports. The LGBTQ community and their supporters marched along the Danube from Carl Lutz Quay to Margaret Bridge, then along the lower quays past […]
Two national team swimmers, Luca Vas and Imre Barabás, were the fastest at the 40th Balaton Crossing on Central Europe’s largest lake on Saturday. The event saw a record number of people participating. According to the organizers, Vas won the women’s competition at the 5.2-kilometer distance between Révfülöp and Balatonboglár in one hour, six minutes […]
The West is fighting a war against Central Europe, and Brussels, together with [billionaire George] Soros troops, wants to "force immigrants on us," Hungarian Prime Minister Viktor Orbán said on Saturday at the Bálványos Free Summer University and Student Camp held annually in Băile Tușnad, Romania (Tusnádfürdő in Hungarian). The Prime Minister stressed that the […]
“In the past year, Italy was the second largest market for Hungarian exports and the eighth largest supplier country,” the Ambassador of the Italian Republic to Hungary, Manuel Jacoangeli tells Diplomacy&Trade in the leading article of the recently published Italian Focus. Besides soaring economic relations, he also stresses the deep-rooted cultural ties and the areas […]
The organizers of the largest all-arts festival in Hungary are awaiting visitors with more than two thousand programs in 36 locations in the villages of Kapolcs, Taliándörögd and Vigántpetend, near the northern shore of Lake Balaton from July 22 to 31. The programs inlcude big stage concerts, fabulous panoramas, theater, new circus, contemporary literature, exciting […]
Budapest's newest, the one and only skybar of the Buda Castle area, the WHITE RAVEN skybar & lounge, is to open this Saturday. The view of the city from the top of Budapest's highest located five-star hotel in the immediate neighbourhood of Matthias Church offers visitors an unparalleled experience, according to a press release. The […]
On the occasion of the 212th anniversary of the Independence Day of Colombia on July 20th, the Embassy of the Republic of Colombia in Budapest, with the support of the Mayor’s Office of Budapest and the BDK Budapest Flood and Public Lighting Ltd., achieved to illuminate the emblematic Fishermen’s Bastion, part of the complex of […]
