At its meeting on Tuesday, the Monetary Council of the National Bank of Hungary (MNB) raised the central bank base rate by 100 basis points to 5.40%, and increased the two sides of the interest rate corridor by the same extent. Previously, the board raised the key interest rate by 100 basis points to 4.40% […]
The Clean Air Action Group will distribute free air quality monitors to schools in Hungary. Their aim is to supplement data from the country's sparsely located official automatic monitoring stations with data collected close to the population, and to raise awareness of air pollution among students with the help of teachers. Air quality monitoring in […]
Commercial real estate in Europe, the Middle East and Africa withstood Russia’s invasion of Ukraine in the first quarter of the year, but future impacts are unclear. That is according to the latest Capital Markets snapshot for the region released by Colliers in Budapest this Monday. The report states that the first quarter of 2022 […]
In April, the economic sentiment index measured by the Budapest-based GKI Economic Research Co. jumped to its level in spring 2019, well before the COVID crisis. This level has only been reached in one month since the crisis, in October 2021. According to the empirical survey conducted by GKI Economic Research Co. with the support […]
Since Friday last week, 3,325 new cases of the new coronavirus infection have been confirmed in Hungary, with 53 fatalities over this period, according to the related government website koronavirus.gov.hu. The new cases bring the total number of identified infections to 1,894,278 since the beginning of the outbreak, while with the 53 patients, most of […]
The ‘March of the Living’ in memory of the victims of the Holocaust is also held in Budapest every year. This year's parade in the Hungarian capital took place on Sunday afternoon. Following two years of hiatus due to the new corovirus pandemic, thousands of people marched in the city on Holocaust memorial day to […]
BUX index, the stock index of the Budapest Stock Exchange (BSE) rose in the four-day week, closing at 43,176.64 points on Friday, up 177.25 points or 0.41% from a week ago, the state news agency MTI reported this Sunday morning. Turnover for the four-day trading week was HUF 55.71 billion, up from HUF 52.32 billion […]
In a message from Los Angeles, Juliet Rózsa, the daughter of the three-time Academy Award winner composer of Hungarian origin, Miklós Rózsa, expressed her appreciation for the Hungarian Hollywood Council's mission to preserve her father's memory and keep his musical legacy alive. The Council's recent wreath-laying ceremony at the memorial plaque of Miklós Rózsa in […]
Starting out from the City Park, thousands of people cycled through the Hungarian capital on Saturday afternoon, with the traditional parade the aim of which, according to organizers and participants, was campaigning for more and safer cycle lanes. Following a tradition that started in 2004, participants stood up for cycling improvements. The event was secured […]
Kayakfirst Ltd., a manufacturer of sports equipment for the indoor imitation of kayak-canoe sports, is expanding its capacity with EU and national support in Szeged, SE Hungary the company informed the state news agency MTI. The company has won HUF 209.2 million in conditionally reimbursable subsidies for the HUF 300 million investment, which will be […]
The rich natural treasures of Hungary, Poland, Slovakia and the Czech Republic are on display until June 12 in a photo exhibition on the ramps leading to Gloriett in Várkert Bazaar, organized to mark Earth Day. The photo exhibition ‘Natural Treasures of the Visegrád Group’, which gives a taste of the natural beauty of the […]
An aid shipment by the Hungarian Interchurch Aid (HIA) including food, hygiene products and generators has reached Bucha in Ukraine, the organization’s director said on Friday. László Lehel, speaking from the Ukranian town of Zaporizhzhia, told state-run Hungarian Radio that the organization had been working in Transcarpathia, the Ukrainian region with substantial ethnic Hungarian population, […]
Phishers are increasingly targeting micro, small and medium-sized enterprises while the vast majority of these businesses are still unaware of how vulnerable their own IT solutions are and how much damage an incident can cause. According to a recent survey, the greater part of small businesses do not pay enough attention to protection against phishing, […]
In Diplomacy & Trade’s Witty Leaks series, diplomats give their personal account of the experiences of their 'excursions' to Hungarian culture, art, gastronomy and landscape. This time, it is about how musical collaboration becomes a tool of cultural promotion. It’s still a very fresh memory how I came to visit Hungary for the first time, […]
Mexicans, Argentinians, Peruvians, Colombians and Chileans, for example, are more interested in what is happening in the country under attack than Hungarians, according to an international survey by Ipsos. Compared with the data from the countries surveyed, a much higher proportion of our fellow countrymen (28 percentage points higher than the international average) think that […]
