Alexandre Lámfalussy, the Hungarian-born economist and banker known as one of the fathers of the common European currency, the Euro, and the head of the predecessor of the the European Central Bank, passed away less than a month after his 86th birthday.
The UN Refugee Agency speaks out against a growing expression of xenophobia in Hungary. It raises concerns over efforts by the Hungarian government to paint refugees as a threat to the country in leading questions asked in a so-called national consultation.
The British Embassy in Budapest hosted a party Thursday night on the occasion of the general elections in the United Kingdom in the Embassy building. Guests were invited by the new Chargé d’Affaires of the Embassy, Theresa Bubbear.
It was 65 years ago on this day that the new airport of the Hungarian capital commenced operation. On May 7, 1950, a Li-2 passenger aircraft flew to Ferihegy from nearby Budaörs Airport. This marked the beginning of civil aviation at Budapest Airport.
The Hungarian Ministry of Foreign Affairs and Trade in Budapest hosted a conference on the occasion of the 70th anniversary of the formation of United Nations Organization and mark the 60th anniversary of Hungary's membership in the organization.
A Charity Bazaar - presented by the Indonsian Trade Pomotion Center and the Indonesian Embassy in Budapest - will be held at the Hungarian capital's Millenáris Teátrum on May 8-9. Proceeds are to go to the Sóstó Zoo in Nyíregyháza, NE Hungary.
The number of new car registrations jumped in Hungary by 21% year on year in April 2015, the financial website portfolio.hu quotes JATO Dynamics. The top-selling brand was Ford, as it took the lead in sales to businesses, with Suzuki on top among private buyers.
Some 2,000 fans celebrated in Székesfehérvár, SW of Budapest, the second football league title of local side Videoton this Sunday. Videoton won its week-end match while nearest rivals Ferencváros could only draw their match in Pécs.
In Budapest, the traditional venue for the May 1 celebrations is the City Park. This time, opposition parties held their celebration of the International Labor Day there and several trade unions held demonstrations against the current government"s labor policy.
The British Embassy in Budapest has released a statement to announce that Ms. Theresa Bubbear has been appointed Chargé d'Affaires Ad Interim to Hungary. She took up her appointment on April 27, 2015. There is also a new Deputy Head of Mission.
Hungarian fuels group MOL has entered Norway by acquiring 100% ownership in Ithaca Petroleum Norge (IPN) from Ithaca Petroleum Ltd. for USD 60 million to extend its presence in the North Sea region and enhance its international exploration portfolio.
The Office of the Hungarian President has announced that President János Áder, similarly to other European leaders, will stay away from the Russian Victory Day parade celebrating the 70th anniversary of the defeat of Nazi Germany on May 9 in Moscow.
The Hungarian Ministry of Foreign Affaars and Trade has knowledge of 58 Hungarin citizens who were in the area when the earthquake hit Nepal on Saturday and still has not managed to make contact with 10 of them this Monday, the Minister said.
"The idea was to create a meeting place for the Scandinavian people who live in Budapest, and for Hungarian fans of Scandinavian language and culture," founder Veronika Varga explains in the recent Swedish country focus of Diplomacy & Trade.
Apollo Tyres Ltd. will receive a job-creation training subsidy of HUF 606 million (cca. EUR 2 million). The Indian company is to spend the amount on providing Hungarians with vocational training in tire manufacturing between May 2015 and December 2019.
