In the second half of 2022, the Czech Republic is holding the rotating Presidency of the Council of the European Union. On this occasion, Diplomacy&Trade has carried an extensive interview with the Czech Ambassador to Hungary, Tibor Bial who presents in detail the priorities of the Presidency in addition to highlighting Czech-Hungarian cooperation in various […]
Hungary’s Judit Polgár, the strongest female chess player of all time, has been inducted into the World Chess Hall of Fame. The ceremony took place during the 6th Annual Strategy Across the Board Gala hosted by the Saint Louis Chess Club and the World Chess Hall of Fame this Saturday evening in Saint Louis, Missouri […]
The Budapest Stock Exchange (BSE) stock index rose in the week, closing at 45,804.29 points on Friday, up 88.96 points, or 0.19%, from a week earlier, the state news agency MTI reported along with a brief analysis of the week. The weekly turnover of the stock market was HUF 71.297 billion, compared to HUF 51.203 […]
An airport is the starting point for exciting discoveries all over the world; it is part of the travel experience. As the gateway to Hungary, the Hungarian capital’s Ferenc Liszt International Airport would like to provide space for Hungarian art and cultural life as well, so that passengers arriving and departing from Hungary can get […]
Runaway inflation, rising energy prices and changing audience habits are posing extreme challenges for cinemas, including Cinema City. However, the country's biggest cinema chain has no plans to cut the number of screenings, but expects overheads to rise further after January, the business news site napi.hu reports. There are currently no plans to raise prices […]
On Friday, 6,490 people entered Hungary crossing the Ukrainian-Hungarian border, while 5,612 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) informed the state news agency MTI on Saturday. Of those who entered, police issued 200 people with temporary residence permits valid for 30 […]
If the government does not phase out a gasoline price cap it had introduced, there could be even more serious disruptions in supply than at present, Attila Holoda, energy market expert and former energy state secretary of the Orbán government, told mfor.hu in an interview. Holoda believes that the government will be forced to lift […]
“My main occupation is being a medical doctor, which I enjoy doing and which actually relaxes me and gives me pleasure every minute.” That is the credo of Dr. Béla Merkely, Hungarian interventional and sports cardiologist, university professor and director of Semmelweis University's Heart and Vascular Center. Since July, 2018, he has served as the […]
Allied Energy Corp, an oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, has announced the signing of an MOU with Budapest-based Enerhash USA LLC and River Energy Group LLC. The companies will work together on the […]
The Hungarian government has pledged to implement reforms aimed at improving the medium- and long-term budgetary sustainability and adequacy of the pension system. The move comes as part of a series of measures that Budapest is undertaking in exchange for development funds being released by the EU. The European Commission released this week its assessment […]
This year, 3,500 entries were received for the competition for amateur and professional photographers. A professional jury of renowned experts selected the winning photos from almost 38,000 entries. This year again, professional and amateur photographers were invited to participate in the Hungary 365 photo competition in three categories: nature and landscape, built and tangible heritage, […]
Following the finalization of their contract with the Hungarian oil and gas company Mol, the Polish Orlen Group has entered the Hungarian fuel market and will operate a total of 143 domestic service stations, the company said in a statement. 79 of the stations are already owned by Orlen, but for the time being they […]
With the summer season over, passenger traffic at Ferenc Liszt International Airport is slowly decreasing, according to the latest bulletin published this Thursday by the airport's management company Budapest Airport. Although the monthly passenger number remained above one million in October, traffic compared to 2019 fell from 80-82% in the summer months to 79%. In […]
In September 2022, the volume of export was 14% and that of import was 10% higher than in the same period of the previous year. The deficit was EUR 745 million, the balance deteriorating by EUR 663 million year-on-year, the Hungarian Central Statistical Office reports. In September 2022, the value of export amounted to EUR […]
This year, the Santa Claus Factory has opened its doors again. This year, pre-Christmas donations are welcome at the Városháza ['City Hall'] Park in the center of Budapest. Collection points will be opened not only in the capital, but also in several cities across the country. The donations will be distributed to disadvantaged families by […]
