The perception of bribery and corruption among corporate executives has not changed meaningfully over the last four years, according to the 14th Global Fraud Survey by Ernst & Young. In Hungary, this ratio is well above even the regional average at 66%.
German engineering giant Siemens and French automotive supplier Valeo will manufacture engines for electric and hybrid cars. The venture will be headquartered in Germany with facilities in China, France, Norway, Poland and Hungary.
Thousands marched in the streets of the Hungarian capital Sunday to commemorate the victims of the Holocaust. The march is the largest civic demonstration against racism, anti-Semitism and neo-Nazi and anti-democratic movements in Hungary.
"I have received a very warm welcome from the Hungarian government and the people. Their interest in Indian culture and appreciation of our traditions has helped considerably in my duties,” Indian Ambassador Rahul Chhabra tells Diplomacy & Trade.
Speaking at at the meeting of the Centrist Democrat International (CDI) held in Lisbon on Friday, Hungarian PM Viktor Orbán has proposed a ten-point action plan for protecting the external borders of the European Union and free movement within the EU.
The Lookout Tower (by NARTARCHITECTS) at Galyatetõ, Hungary's second highest point (964 meters) has been voted as the 2016 Public Winner in the Architecture+Renovation category of the Architizer A+Awards.
Switzerland is a “very important strategic partner” for Hungary, parliamentary speaker László Kövér said after meeting Christa Markwalder, President of the National Council of Switzerland, who was also received by Hungarian President János Áder.
A number of Hungarian athletes who have already qualified for the Rio Olympics, as well as a few officials who will also be members of the Hungarian delegation at this year's Summer Olympic Games tried on the uniforms of the Hungarian team.
International financial software developer firm Misys has partnered with Dorsum, an innovative investment software provider in Hungary, to integrate online brokerage functionality in its Misys FusionBanking Essence digital channels software
Hungarian government cabinet chief Antal Rogán has announced that the government proposes to parliament to revoke the law, enacted on March 14, that banned stores of over 200 sq meters from opening on Sunday in the country.
The Budapest Spring Festival 2016, launched this Friday, offers a number of programs in a variety of categories ranging from orchestral concerts, opera and dance performances to contemporary crossover productions between April 8 and 24.
Team Russia 1 (Paradise) skated to the gold medal in Budapest, winning the first World title for Russia in synchronized skating. Finland 2 (The Rockettes) moved up one spot to take the silver and Team USA 1 (Haydenettes) captured the bronze medal.
The EU Commissioner for Regional Policy, Corina Cretu, paid a visit the EU-funded super laser center in Szeged, southern Hungary, on Friday. The EU’s large-scale project will create world-class research environment in central Europe.
Hungary’s national swimming coach László Kiss has been forced resigned under the circumstances that developed following the revelation that he was convicted for rape in 1961. He says he had to leave his position in the interests of Hungarian sports.
The Hungarian government is in a professional dispute with Eurostat, the European Union’s statistical office, over lending by Eximbank, Hungarian Economy Minister Mihály Varga is quoted by the financial website portfolio.hu.
