Hungary’s central bank indicated this week it was planning to raise interest rates amid widespread market expectations for policy makers to affirm rate-hike plan. The interest rate hike, needed to stem soaring inflation, would be the first in the European Union since the outbreak of the pandemic. The National Bank of Hungary said this week […]

So far, 140,460 Hungarian nationals have applied for permanent residency in the United Kingdom, according to figures published by the British Home Office on Thursday. Foreign nationals in Britain who had legally established residence in the country before the end of 2020 will be allowed to stay, but they are required to apply for resident […]

In 2020, the effects of the pandemic were reflected in a decline in the number of transactions, rather than in developments in house prices. The number of transactions fell by 15.5%. In Budapest, they declined even more sharply, by 25.1%. Although domestic house prices rose further on a national average, the annual nominal growth rate […]

Despite the adverse impact of the third wave of the coronavirus pandemic, both the distribution and retail and services business units of the listed automotive company AutiWallis demonstrated significant growth in the first quarter of 2021. The company's management report says the growth surpassing the targets set in the strategy published in 2019 can be […]

German Dachser's Hungarian subsidiary achieved a nearly 50% higher profit after tax in 2020 compared to the previous year, the company's management said at an online press conference on Wednesday. Liegl & Dachser Transport and Logistics Ltd., which predominantly sells for export, employed nearly 280 people and achieved a net turnover of HUF 22.6 billion […]

The population of Budapest fell by almost 13,000 in 2020, and there were fewer people living in the county capitals in January 2021 than a year before. In the agglomerations of the cities concerned, however, many settlements grew. At the same time, as a sudy by the real estate site ingatlan.com suggests, many settlements in […]

213 new infections were registered in the past 24 hours, bringing the total number of identified infections in this country since the beginning of the epidemic to 802,723 , according to koronavirus.gov.hu. 41 patients have died over the same period, bringing the total official number of deaths related to the new coronavirus infection to 29,622. […]

New Hungarian police contingents left for northern Macedonia and Serbia on Tuesday to assist border police operations, the state news agency MTI reports. The communication service of the Hungarian Police Headquarters (ORFK) announced in a statement on police.hu that the Hungarian police is committed to preventing illegal migrants from entering Hungary and the European Union. […]

Scientific publications, conferences, new Benyovszky sculptures, a commemorative stamp issued by the Hungarian Post Office and the premiere of a musical about Benyovszky are also part of the program of the Benyovszky Memorial Year, organised to mark the 280th anniversary of the birth and 235th anniversary of the death of Hungarian adventurer and explorer Móric […]

Hungarian biochemist Katalin Karikó, whose decades of work with mRNA technology was instrumental in the development of COVID-19 vaccines, was awarded the Ignác Semmelweis Prize in Hungary. In her acceptance speech, the scientist vowed to continue her research, saying that it was crucial to find cures for diseases that had to be "pushed to the […]

Hungexpo is preparing for the opening in full swing, and will welcome exhibitors and visitors again in the Budapest Congress and Exhibition Center from September, Gábor Ganczer, CEO of Hungexpo Plc. told the state news agency MTI. He pointed out that they have developed an application to make the entrance touch-free. The entry gates can […]

There have not been so few new infections in Hungary for nine months as in the past 24 hours, according to daily epidemiological data. However, the number of daily fatalities per population in the pandemic still features this country amon the world in the world. 258 new cases of the coronavirus have been identified, bringing […]

In preparation for the expected traffic increase, Budapest Airport has begun recruiting manpower to be able to provide for the safe operation of the Ferenc Liszt International Airport with an appropriate number of colleagues, as moderate traffic returns. According to the latest Airport Bulletin, 114 employees have arrived in the open positions recently; 75 of […]

The popularity of cycling has been further boosted by the coronavirus epidemic, while the shortage of spare parts is expected to curb bicycle production in Hungary this year, Róbert Sipiczki, President of the Hungarian Cycle Industry and Trade Association, told the Hungarian state news agency MTI. In 2020, 390,000 bicycles were produced in Hungary, the […]

Hungary's Katinka Hosszú finished third in the 200-meter individual medley at the European Swimming Championship in Budapest this Saturday, which makes her the most successful female swimmer in the history of European championships. Despite the fact that this has been the first time that the three times Olympic, nine times world and 15 times European […]