Quote of the week
| September 15, 2016
A new set of data are evidence that labour shortage is becoming an increasingly pressing problem in the Hungarian economy. The number of job vacancies grew by over 3,000 in the second quarter since the end of March 2016, portfolio.hu reports.
| September 14, 2016
Kempinski Hotel Corvinus has been voted Hungary’s Leading Business Hotel by World Travel Awards - a global recognition by the travel, tourism and hospitality industry as the definitive acknowledgement of excellence -, for the third time.
Ambassadors in Budapest
| September 13, 2016
The Polish Ambassador to Hungary, Roman Kowalski, who is leaving his post in the near future, gave an interview to the news portal globoport.hu in which he explained the meaning of the expression ‘Pole and Hungarian, two good friends’.
| September 7, 2016
The prime ministers of the four countries of the Visegrád cooperation (V4) and of Ukraine participated at the 26th Economic Forum held in Krynica, Poland to discuss the major current economic, social and political issues.
| September 2, 2016
A law amendment changing the regulation of the excise tax on fuels will come into effect in Hungary in early September. In view of the current market developments, chances are high that the excise tax on both gasoline and diesel will rise as of October.
| August 31, 2016
The volume of investments in the Hungarian economy was 20.3% lower in the second quarter of 2016 than in the same period of 2015, the Central Statistical Office (KSH) reported on Wednesday. Compared to the previous quarter investments were down 0.8%.
| August 29, 2016
For the first time at the annual Budapest conference of Hungarian mission leaders serving in different parts of the world, diplomats were addressed by the foreign ministers of all four countries of the Visegrád Group (V4) this Monday.
| August 26, 2016
Hungary’s fence on its border with Serbia will be reinforced with the instalment of a second barrier, Prime Minister Viktor Orbán told state radio on Friday. The new fence will be built using the latest technology, the Hungarian news agency MTI reports.
| August 24, 2016
Budapest Airport and DHL Express have signed a strategic agreement about the development of a new facility for the Deutsche Post DHL Group company in Hungary. This is the second large-scale investment by Budapest Airport and DP DHL.
| September 19, 2016
Hungarian Paralympians won one gold, eight silver and nine bronze medals at the Summer Games in Rio de Janeiro. They won medals in six different sports. The only Hungarian victory was produced by swimmer Tamás Tóth.
| September 12, 2016
29 year old Hungarian physicist Zoltán Szabó has won GE’s unique global contest, “GEeks go for gold”, de-coding the conversations of some of the smartest GE machines. It took him two weeks to crack the code and win the USD 10,000 prize.
| September 11, 2016
A commemoration was held in Budapest this Sunday to mark the 15th anniversary of the terrorist attacks in New York City and Washington, DC. Those gathered in front of the US Embassy were addressed by the American Ambassador Colleen Bell.
| September 9, 2016
Less than one third of those polled in Budapest would like to see the Hungarian capital organize the 2024 Summer Olympic Games, with 37% rejecting the idea. In the meantime, a question has been approvedabout a national referendum of hosting the Games.
| September 6, 2016
Hungary's national soccer team drew 0-0 at the Faroe Islands in Group B of the European qualification series for the 2018 World Cup. The result at this first qualification match already lessens Hungary's chances of finishing first or second in the group.
| September 1, 2016
About 1 million 267 thousand students began a new school year in Hungary this Thursday. State secxretary in charge of education, László Palkovics said teachers' wages increase but trade unions believe overall conditions in education are not satisfactory.
| August 30, 2016
A Budapest court has sentenced in a non-binding ruling extremist György Budaházy to 13 years in prison for carrying out terrorist activity almost a decade ago. He and six of his accompliceswere placed under house arrest Tuesday afternoon.