As part of an international effort to help containing fires in Slovenia, Hungarian Defense Forces soldiers were helping to extinguish forest fires in Hungary’s southwestern neighbor. Air force units from Austria, Hungary, Italy, Romania, Serbia, Slovakia were assisting Slovenian firefighters in the effort to contain and put out fires. It was on July 20th that […]
Corruption remains a serious problem for EU citizens – and this is especially true for Hungarians: 91% of those polled believe that corruption is widespread in this country, while the EU average is 68%. The European Commission has published the latest Special Eurobarometer on Corruption, which captures citizens' perceptions and experiences, as well as the […]
The Budapest Stock Exchange (BSE) share index closed the week at 42,327.67 points, up 6.73% or 2,668.44 points compared to last Friday. Total turnover rose from HUF 40.24 billion to HUF 63.92 billion, with the leading shares, with the exception of Mol, gaining, the state nedws agency MTI reported Sunday morning. The BUX closed the […]
Two national team swimmers, Luca Vas and Imre Barabás, were the fastest at the 40th Balaton Crossing on Central Europe’s largest lake on Saturday. The event saw a record number of people participating. According to the organizers, Vas won the women’s competition at the 5.2-kilometer distance between Révfülöp and Balatonboglár in one hour, six minutes […]
The Hungarian Canoe Federation and the AutoWallis Group have concluded a cooperation agreement, under which the company listed in the Premium category of the Budapest Stock Exchange will support the Federation’s work by providing mobility services until 2024, the end of the Olympic cycle, a statement by AutoWallis Group says. The vehicle trading and mobility […]
There were over 21,000 people registered as actively infected with the new coronavirus in Hungary in the previous seven days with an increasing number of patients in hospital, according to the Wednesday report of aggregated figures published on the related government website koronavirus.gov.hu. COVID-19 figures on the site suggest that 10,255 new infections have been […]
The ruling party majority of Hungarian Parliament adopted Hungary's 2023 central budget on Tuesday by 135 votes to 54. In next year's budget, the government expects economic growth of 4.1%, a deficit target of 3.5% and inflation of 5.25%. Earlier, Finance Minister Mihály Varga said the government was counting on several factors: a prolonged war […]
The changing economic situation is also affecting the real estate market. The Duna House Demand Index showed a steady decline in the second quarter of the year, with the number of transactions also lagging compared to the same period last year. However, price growth did not stop, and all price indices increased in nominal terms […]
The Atlas World Community – members who share the same E.S.C. values: Ethics, Sustainability and Creativity, in the business world – had the opportunity to meet this July. The 'Atlas Award' revelation took place at the Aranybástya restaurant in Budapest. The event, organized by the founder, ITL Group, to present the masterpiece created by the […]
The All for Hungary Movement demonstrated at Jászai Mari Square on the Pest side of the Margaret Bridge in Budapest on Saturday, the state news agency MTI reports. People gathered to protest against the recently announced government ‘austerity’ measures that run contrary to the election promises of the governing Fidesz party. On the social media […]
Following the government's Wednesday announcement on the modification of the capped price regulations, the solid fuel and building material depots were swamped by crowds not seen at this time of year for decades. They are taking coal and firewood, no matter what the price, the popular news site telex.hu reports. "In previous summers, the only […]
Budapest Mayor Gergely Karácsony has announced that the city is investing nearly HUF 4 billion in energy efficiency with support from the European Union. The mayor says the available resources will be used to completely renovate heat exchanges, install new pipeline sections, connect new consumers to district heating, upgrade district heating pipeline sections, replace hot […]
A jubilee event was held on Thursday in Kács, Borsod-Abaúj-Zemplén County, NE Hungary on the occasion of the 45th anniversary of the founding of the Bükk National Park. Tthe law establishing the Bükk National Park came into force on 1 January 1977. The national park was the third in the country to be established, and […]
The field of the 54th Kékszalag (‘Blue Ribbon’) Raiffeisen Grand Prix took off Thursday morning from Balatonfüred. According to the organizers, 516 boats have entered this year's race with more than 2,500 sailors on board. As the website of the race notes, 28 boat classes have delegated teams to the Blue Ribbon, with 16 catamarans […]
With the support from the European Union and the Hungarian government, Femtonics Ltd. has invested HUF 914.75 million to develop its COVID-19-specific ventilator and diagnostic manufacturing capacity in Kővágószőlős near Pécs, southern Hungary. In a statement to the state news agency MTI, the company says it received a conditional reimbursable grant of HUF 731.80 million […]
