The export of Austrian goods and services to Hungary is increasing and some Austrian companies are committed to expansion. There are also Hungarian entrepreneurs attempting to find their fortune in Austria.
The export of Austrian goods and services to Hungary is increasing and some Austrian companies are committed to expansion. There are also Hungarian entrepreneurs attempting to find their fortune in Austria.
As of midnight Friday, Hungary closes its border with Croatia to migrants but the border crossing stations will continue to operate on the Hungarian-Croatian border, subject to more stringent controls. Asylum claims may be submitted in two transit zones.
Austria remains a large investor in Hungary and this will not change in the long run, despite some current problems, says Austrian ambassador Dr. Ralph Scheide to Diplomacy&Trade.
This Thursday saw the opening of the Hungary-Latin America Forum in the Hungarian capital. The two-day event focuses on three topics: inter-governmental links and business ties in industrial and economic areas where Hungary can help Latin American countries.
The Diplomacy & Trade Club held its latest business club event in the grand ballroom of the five-star Corinthia Hotel Budapest following a recent special focus on relations between Hungary and the United States published in Diplomacy & Trade.
Hungarian footballer Krisztián Németh was named as Sporting Kansas City's best newcomer this season as the American soccer club presented its annual awards. The 26-year-old Hungarian international was honored based on votes from fans, journalists and coaches.
The International Telecommunication Union (ITU), which marks its 150th anniversary this year, has began a four-day World Congress in the Hungarian capital. The event focuses on the solutions, policies, projects and initiatives accelerating ICT innovation worldwide.
A record number of participants - 27,860 runners - took part at the two-day Spar Budapest Marathon Festival this week-end, making it the most populous sports event ever in Hungary. People running at the competition represented 80 countries altogether.
NATO would set up new force integration units (NFIU) in Slovakia and Hungary to complement the six existing units in Eastern Europe. Hungarian Defence Minister István Simicskó says the unit will boost Hungary’s security without endangering anyone.
The heads of states of the Visegrad Group (V4) and Croatia are holding a two-day summit in the town of Balatonfüred in Hungary. The main topics of the talks are the immigration crisis, the climate-change and the situation in Western Balkans.
Ambassador Yim Geun-Hyeong welcomed guests at theKorean National Day reception held at the Korean Cultural Center in Budapest and organized within the framework of the K-Culture Festival comprising several modern and traditional cultural events.
The Korean Ambassador to Hungary, Yim Geun-Hyeong welcomed guests at the traditional Korean National Day reception held at the Korean Cultural Center in Budapest. This year, the reception was organized within the framework of the K-Culture Festival comprising several modern and traditional cultural events.
Hungary's first post-Communist president, Árpád Göncz passed away in Budapest this Tuesday at the age of 93. He held the presidency, a largely ceremonial post, for two terms (1990-2000) as Hungary moved to a market economy and paved the way into NATO and the EU.
Hungary's green LMP party organised a demonstration in protest against the privatisation of state land, blocking one lane of several major roads throughout the country. The move is against “one of the biggest privatisation deals of the past 25 years.”
In July 2015, the volume of exports and imports was up by 6% and 3.4%, respectively, year-on-year. Thus, foreign trade surplus rose to EUR 646 million in the month of July 2015, while the surplus accumulated in the period January-July 2015 reached EUR 4.9 bn.
