Hungary repaid its outstanding SDR 1.9 billion (EUR 2.15 bn) debt to the International Monetary Fund (IMF) on August 12. The governing party welcomes the move while the opposition considers it a costly communication bluff.

Police detained 24 people who possessed drugs in the vicinity of the OZORA Festival in southwest Hungary in the past 24 hours, the Fejer County police headquarters was quoted from its website on Thursday by the Hungarian news agency MTI.

This Wednesday, the national daily maximum temperature record was broken, as was the Budapest record - the National Meteorological Service told the news agency MTI. Thursday may see the absolute national record superseeded.

Four men have been found guilty of murdering six Roma (gypsy) people, including a child in Hungary, in a spree of killings that the court considered an act of racist motivation, Three of the accused were given life terms without parole.

Hungary's Katinka Hosszú won her second world title at the World Aquatics Championships in Barcelona, Spain this Sunday by beating the field in the women's 400-meter individual medley. A day earlier, Hungary won a gold in men's waterpolo.

Procter&Gamble (P&G) is to build a new greenfield factory in Gyöngyös, northeastern Hungary, the corporation's second plant in this country, with an investment of HUF 19 billion (EUR 63.5 mn), the company’s representatives announced on Friday.

The Hungarian men's national waterpolo team defeated Olympic champions Croatia 11-10 in the semifinal to face Montenegro in the world championship final Saturday night at the World Aquatics Championships in Barcelona, Spain.

General Electric (GE) has announced this Wednesday that it will expand the activities of its Fót-based (Hungary) Oil & Gas business, east of Budapest, by a 6,000-square-meter new production hall and an office building to go with it.

Analog terrestrial television broadacsting ends this Wednesday, July 31st in most parts of Hungary, including Budapest and its vicinity, with the northeast and small areas in the south following suit at the end of October this year.

Mercedes driver Lewis Hamilton won the 2013 Hungarian Formula One Grand Prix at the Hungaroring circuit, east of Budapest. In the meantime, a new contract has been signed to secure the organization of the Hngarian GP till 2021.

"Not so long ago, matters like EU membership, let alone Presidency, were unimaginable for Poles and Hungarians, but these have since become reality and our common valuable experience has been effectively utilized." (Polish ambassador Roman Kowalski)

The winner of this year’s Miss Jamaica World title is of Hungarian descent. 18-year-old Gina Hargitay’s father grew up in Hungary while her mother is Jamaican. She also won sectional prizes for being 'Most Aware' and having 'Best Smile'.

The complex of Symbol Budapest hosts great restaurants and legendary parties. The most prestigious and sought after event every year is the Official GP Afterparty, to be organized this year on July 28 - for the 28th Hungarian Grand Prix.

Whereas 18% of Hungarian secondary school graduates have applied to college or university abroad, 36% of 9-11th graders are now planning to study outside the borders, a survey by the Institute for Economic and Enterprise Research (IEER) revealed.

In partnership with Business Consulting & Media and its Hungarian branch, Mediarey Kft., Forbes’ latest local-language edition, Forbes Hungary will be published as of November 2013. They do not seem to believe in the decline of the printed press.