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Horticulturist György Bálint passes away

Hungary's Beloved Horticulturist Passes Away

D&T
Jun 21, 2020

Possibly the most popular figure in Hungary, widely respected and loved horticulturist György Bálint passed away this Sunday evening, just over a month before his 101st birthday. A gardening expert and former TV host, best known for Hungarians as 'Bálint gazda' (Master Bálint) did even in the last days of his life what he had […]

Budapest Stock Exchange: 30th Anniversary

D&T
Jun 21, 2020

Following the change of regime, the Budapest Stock Exchange (BÉT) reopened its doors on June 21, 1990 with 41 founding members and a single listed share, that of the travel agency IBUSZ. The Hungarian stock exchange started operating on January 18, 1864 in Pest, at the headquarters of the Pest Lloyd Company on the bank […]

Balassagyarmat bicycle museum

Hungary's First Bicycle Museum in Balassagyarmat

D&T
Jun 21, 2020

The country's first bicycle museum opened this Saturday in Balassagyarmat, northeast of Budapest. In the collection, visitors can follow the development history of bicycles, from the oldest foot-operated treadmills to modern racing bikes. Founder Miklós Olexa, president of the Ipoly Tour Association, which runs the museum, told the Hungarian news agency MTI that among the […]

Declining but Still Strong Pessimism

D&T
Jun 20, 2020

Although the GKI economic sentiment index rose by a larger extent in June than in May, it eliminated only less than half of its April fall. The consumer confidence index rose to a greater extent in May and the business confidence one in June.  According to the empirical survey conducted by the Hungarian Economic Research […]

Krisztián Kulcsár casts his vote

Hungarian Olympic Committee President Re-elected

D&T
Jun 20, 2020

Krisztián Kulcsár was elected President for another four years at the general assembly meeting of the Hungarian Olympic Committee this Saturday. The re-elected President, who has been in office since May 2017, was the only candidate. He received 103 supportive votes from the membership, and three delegates voted against him.Since the General Assembly unanimously amended […]

Coins Commemorate Stock Exchange Anniversary

D&T
Jun 20, 2020

The National Bank of Hungary (MNB) issues a silver collector coin with a face value of HUF 10,000 and its non-ferrous metal version of HUF 2,000 to mark the 30th anniversary of the re-establishment of the Budapest Stock Exchange on June 21, 2020. As a successor of the first stock exchange in Hungary established over […]

Safety measures at Ferenc Liszt International Airport

Rules of Entry into Hungary at Budapest Airport

D&T
Jun 19, 2020

As of June 18, EU and EEA citizens as well as Hungarians returning from these countries may enter Hungary without restrictions; UK citizens may only enter Hungary with separate permission. Based on the regulation ending the ‘state of danger’, from June 18, citizens of the European Union as well as those of Liechtenstein, Switzerland, Norway […]

A Day without COVID-19 Related Death in Hungary

D&T
Jun 19, 2020

The number of deaths related to the COVID-19 pandemic has not increased in the last 24 hours in Hungary. It remains at 568. The new coronavirus infection (COVID-19) was detected in only two more people in the country, thus increasing the number of infected people identified in Hungary to 4,081. The number of people who […]

UniCredit Support for SMEs in the CEE Region

D&T
Jun 19, 2020

UniCredit has entered into a COVID-19 support package offered by the European Investment Fund (EIF) allowing the bank to provide working capital loans to CEE SMEs and mid-caps guaranteed by the EIF at a rate of 80% (previously 50%) under simplified eligibility criteria. The new measures extend the application of the InnovFin guarantee also to […]

Midsummer night 2020 celebration in the Hungarian capital Photo by Swedish Embassy Budapest

Midsummer Night with the Nordics in Budapest

D&T
Jun 19, 2020

Given the COVID-19 situation, the Nordic embassies in the Hungarian capital chose to celebrate Midsummer Night differently - in the form of a webinar. Nordic light is unique. You find it in our design, in our art, in our music, in our values. This time of the year you also find it in our nature […]

International Interest in the Book by Ernő Rubik

D&T
Jun 18, 2020

Ten foreign publishers have already purchased the publishing rights for the book 'Our Cube' by Ernő Rubik, a Kossuth and Széchenyi Prize-winning game designer. It will be published in Hungary in September by Libri Publishing House. The volume will be published later this year in the United States, the United Kingdom, Germany, the Netherlands, and […]

Unanimous vote in Hungarian Parliament to revoke the special legal order

State of Danger Replaced by Disease Control Preparedness

D&T
Jun 18, 2020

The Hungarian government declared a state of disease control preparedness based on which the government can declare a health crisis whenever it deems necessary and rule by decree. It was on Tuesday this week that Hungarian Parliament unanimously lifted the 'special legal order' that had given basically unlimited power to the government since March 31 […]

György Kárpáti and Tibor Benedek

Hungary Mourns Two Water Polo Legends

D&T
Jun 18, 2020

Two legendary Hungarian water polo players, Dr. György Kárpáti and Tibor Benedek – both of them three times Olympic champions – passed away within 24 hours in Budapest. Athlete of the Nation György Kárpáti died in the 85th year of his life this Wednesday. He was born in 1935 in Budapest. At the age of […]

Good News on Instant and Electronic Payments

D&T
Jun 17, 2020

The number of payment cards and, in line with the outbreak of the coronavirus pandemic, as a result of the rapid growth in home delivery services and preference to contactless payments, the number of virtual merchant outlets accessed via internet increased significantly in Hungary in the first quarter of 2020. An information release by the […]

BHS Trans foundation stone ceremony

Logistics Center Foundation Stone Laid

D&T
Jun 17, 2020

The foundation stone laying ceremony for BHS Trans Limited’s new logistics center took place this Wednesday in Debrecen, Eastern Hungary. 45% of the costs of the private investment is financed by Hungarian taxpayers. BHS Trans is building logistics centers in four Hungarian settlements this year with a total investment of HUF 7.6 billion (EUR 21.9 […]

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