If the economic processes remain constant and productivity improves further Hungary’s accession to the euro area by the end of this decade "should not be groundless", Economy Minister Mihály Varga is quoted by portfolio.hu as saying .
If the economic processes remain constant and productivity improves further Hungary’s accession to the euro area by the end of this decade "should not be groundless", Economy Minister Mihály Varga is quoted by portfolio.hu as saying .
Hungarian oil and gas group MOL has announced that it is selling its minority stake in Energopetrol to INA, its own Croatian subsidiary. The share purchase agreement with INA concerns the sale of MOL's 33.5% equity stake in Energopetrol.
The French-Hungarian Chamber of Commerce and Industry (CCI France Hongrie – FHCCI) has been serving the French business community in this country for a quarter of a century. Its President, Miklós Maróthy gave an interview to Diplomacy & Trade.
Internationally renowned Hungarian writer Péter Esterházy died in Budapest at the age of 66 years. He had been suffering from pancreatic cancer.His was reported by the Hungarian news agency MTI, citing the family and the publisher of the author.
On-demand ride share service company Uber is suspending its services in Budapest as of 24 July when new legislation enters into effect, facilitating the blocking of platforms that offer "illegally operating taxi services."
India's Minister of State for Culture, Tourism and Civil Aviation, Dr. Mahesh Sharma, visited Hungary this June on the occasion of the Ganges-Danube Cultural Festival and the International Day of Yoga. That is when he spoke to Diplomacy & Trade.
Poland will send another contingent of border guards to help patrol Hungary’s southern border, Polish Interior Minister Mariusz Blaszczak announced after a meeting with his Visegrád Four (V4) counterparts in Warsaw on Monday.
The volume of exports in euro terms was up 6.3% in May 2016, while imports grew 2.4% compared to May 2015, the Central Statistics Office is quoted by portfolio.hu. The foreign trade surplus was EUR 755 mn, setting a new record.
Athletes to represent Hungary at the Summer Olymic Games in Rio de Janeiro have taken their oath at the Palace of Arts in Budapest. Although, the qualification process has not, ended, yet, 162 Hungarians have already qualified for the Games.
Demolition works have started in Budapest’s City Park. Dozens of activists trying to prevent workers from starting the demolition of an old building to create space for the House of Hungarian Music were removed by police.
Hungarian President János Áder has set the date for the government-initiated referendum on the EU’s mandatory migrant quota scheme for October 2. Opposition parties call for a boycott as they consider it a vote against EU membership.
16-year old Hungarian football talent Krisztofer Szeretõ has been signed by English Premier League club Stoke City where he is now the third Hungarian youngster. "Let's just follow the path we've designated for ourselves," he writes on his social media page.
Four military bomb-disposal technicians were killed in an explosion near Nádudvar, in eastern Hungary, on Friday afternoon, the Central Chief Prosecution Office of Investigation said. A fifth technician had suffered serious but not critical injuries in the explosion.
Budapest Airport Co. Ltd. will make a HUF 50 bn investment over the next five years. The program includes a new passenger pier, and the construction of an airport hotel as well as a series logistics and security-related investments will all begin shortly.
Celebrating the Summer Solstice, Diplomacy & Trade co-hosted a special event with NextArt Gallery complete with the opening of an exhibition by Géza Szöllõsi. The Party was inspired by Shakespeare's famous comedy, A Midsummer Night's Dream.

