If we help the trees, the trees will help us: that is the basic idea behind this program. Green plants are essential for the livability of cities: their shade mitigates the heat, improves air quality, and provides a refreshing atmosphere. However, due to a lack of rainfall and drought, the survival of newly planted urban […]
On the 35th anniversary of the Visegrád Declaration, the heads of government of the Czech Republic, Hungary, Poland and Slovakia met at the Royal Palace in Gödöllő, east of Budapest, this week and relaunched the Visegrád Four (V4) partnership among the four countries. Following the Hungarian parliamentary elections in April 2026, with high-level political cooperation […]
The government is creating a fully state-owned national transport organizer and a rolling stock management company to improve the competitiveness and efficiency of public transportation, a decree published in the latest issue of the official gazette Magyar Közlöny shows. As MTI reports, the aim of the decision is to implement the transport development projects in […]
Hungary's chief medical officer, Beatrix Oroszi has declared a third-degree heat alert for the entire country from Saturday, warning of extreme temperatures for at least four consecutive days. Addressing a government press briefing on Thursday, Beatrix Oroszi asked Hungarians to look after themselves, their families and the people around them over the coming days. The […]
A EUR 1.5 billion development program financed by the European Union to modernize and strengthen the Hungarian electricity grid has launched, Minister of Economy and Energy István Kapitány said in a post on social media on Thursday, MTI reports. The minister said investments from the program will help add almost 5,000 MW of new, mostly […]
The ZalaZONE automotive test track, located in SW Hungary, will be re-nationalized from July at the latest, Márta Nagy, an MP of the governing Tisza Party said on social media on Wednesday, MTI reports. The ZalaZone is expected to be overseen by the Ministry of Science and Technology, although there is no final decision yet, […]
The debt of the central government increased by HUF 2,557 billion to HUF 63,096 billion by the end of May from the end of 2025, the Government Debt Management Agency (ÁKK) said in a monthly report on Wednesday. Quoting from the report, MTI says net forint issuance, financing the deficit of the central government budget, […]
In the first five months of the year the credit institution sector reported an after-tax profit of HUF 485 billion, down by 19% compared to the same period a year earlier, preliminary data released by the National Bank of Hungary (NBH) on Wednesday shows. Interest revenue was up 11% at HUF 2,733 billion while interest […]
The Euclid space telescope has mapped over 60 million stars in the heart of the Milky Way, with Hungarian researchers playing a key role in the survey, the HUN-REN CSFK Konkoly Thege Miklós Astronomical Institute said on Wednesday, MTI reports. The mission's data extends beyond cosmology, András Kovács, a researcher at HUN-REN's Konkoly Thege Miklós […]
Hungary took 14th place on the 2025 International IP Index ranking of the US Chamber of Commerce, the Hungarian National Intellectual Property Office (SZTNH) said on Wednesday. Hungary has moved up one place in the ranking compared to 2023 and 2024, and is ahead of regional countries like Austria, Poland and Ukraine, SZTNH noted. Progress […]
The Hungarian capital will host its first street music festival, Budapest Play, at ten venues between July 30 and August 1 as well as between August 6 and 8, financed by the capital. At a press conference on Tuesday, the city's mayor, Gergely Karácsony, said that "music is a universal language that we should all […]
The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25 basis points to 6.00% at a monthly policy meeting on Tuesday. As MTI reports, the Council also lowered the overnight deposit rate by 25 basis points to 5.00% and the O/N collateralized loan rate by […]
Hungarian Parliament passed legislative amendments on Tuesday to scrap motor fuel price caps. The amendments to the acts on the establishment of prices and the security stockpiling of imported crude oil and petroleum products were passed with 130 votes in favor, 36 votes against and five abstentions. Minister of Economy and Energy István Kapitány, the […]
A gauge of sentiment in Hungary's tourism sector stood at -6 in June, on a scale of -100 to +100, improving during the month and reaching one point higher than a year before, economic research institute GKI, and the Hungarian Hospitality Employers' Association (VIMOSZ) said. Among the subindices, the accommodation index was up 2 points […]
Oremus Winery’s 2016 6-puttonyos Tokaji Aszú was named one of the top fifty ‘Best in Show’ wines at this year’s Decanter World Wine Awards (DWWA), considered one of the world’s most prestigious wine competitions. This year marked the 23rd edition of the Decanter World Wine Awards in London. This year, nearly 17,000 entries from 58 […]
