December 9, 2016 Friday
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Award
| December 6, 2016
Former Polish Ambassador receives recognitionRoman Kowalski, who finished his five-year term at the end of September this year as the Polish ambassador to Hungary is one of the recepients of the Hungarian 'March of the Living' Foundation. He received the award in Budapest.
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Sports
| December 5, 2016
Katinka Hosszú - Swimmer of the YearHungary's Katinka Hosszú was named as the female Swimmer of the Year at the FINA/Alisports World Aquatics Gala held in Windsor, Canada this Sunday. She won three gold medals and a silver at the Summer Olympics in Rio earlier this year.
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EU affairs
| December 1, 2016
V4 supports EU accession of W Balkan countriesMinisters of Foreign Affairs of the Visegrad Four (V4) countries have released a statement after their meeting in Warsaw, Poland, pledging their support for the Western Balkan countries’ efforts to join the European Union.
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Hungarian economy
| November 30, 2016
Investments plunge in HungaryThe volume of investments in Hungary contracted by 9.3% y/y in the third quarter of 2016. This decrease, portfolio.hu notes should not be considered as dramatic, though, given that investments grew by 2.7% over the previous quarter.
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Quote of the week
The government’s great reform brought about a system that stripped students of the joy of learning and stripped teachers of the joy of teaching. The regime is consciously throwing into poverty an entire new generation. Our patience has run dry. We are here, so as to declare together, that enough is enough. We won’t stand idly by.
- Mrs. Piroska Galló, Head of the Teachers' Trade Union in Hungary
 
Conference
| November 28, 2016
Budapest Water Summit opens in BudapestThe Budapest Water Summit (BWS) 2016 (November 28-30). receiving around 1,800 participants (including heads of government and state) and 600 Sustainable Water Solutions Expo visitors from 117 countries, has begun in the Hungarian capital.
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Emergency
| November 23, 2016
Huge bomb removed from the Danube in BudapestTechnicians of the Hungarian military removed a 500-kilogram US bomb, hidden under water since WWII, from the river Danube near the Rákóczi Bridge in southern Budapest this Wednesday. The area was closed down for the duration of the operation.
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Hungarian economy
| November 22, 2016
Hungarian economic sentiment index bounces backFollowing its three-year low in October, Hungary's GKI economic sentiment index (issued with the support from the EU) strengthened to its spring level in November. both business and consumer expectations improved in November.
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Corruption
| November 18, 2016
Hungarians feel powerless against corruption   According to the Hungarian people, corruption is an increasingly serious problem, while the number of those who believe that one can act against it is on the decline, the Global Corruption Barometer of Transparency International (TI) says about Hungary.
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Insurance
| November 10, 2016
New business continuity services offered in HungaryAs the risk environment for companies is changing, the insurance firm Allianz Hungária, in close cooperation with AON Hungary in the field of risk analysis, and the IT systems firm Duna Elektronika, jointly provide expert help in case of an unexpected disaster.
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Health
Réka A. Francisck | November 9, 2016
The Smile is the ResultEven though it is one of the city’s newest dental clinics, Helvetic Clinics Budapest already has an excellent reputation. Through recommendations of satisfied clients, it has quickly developed a high-profile clientele seeking exceptional dental care.
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Anniversary
| November 4, 2016
National day of mourningNovember 4, the day when the anti-Stalinist uprising and revolution was crushed in 1956 by Soviet troops, is a day of mourning in Hungary. The country's president, János Áder attended a ceremony in Budapest's 18th district, Rákoskeresztúr.
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Economic relations
| November 2, 2016
Hungarian gov't to woo Brexit refugeesThe Hungarian government aims to attract various important institutions of the European Union, as well as a larger group of western companies to Hungary from London, Economy Minister Mihály Varga told a pro-government newspaper.
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Crime
| October 26, 2016
Policeman shot dead in NW HungaryA policeman was shot dead in north-western Hungarian village of Bőny on Wednesday, The Hungarian news agency MTI was told that the suspect in the case, a 74-year-old man, was being treated at a hospital in the nearby city of Győr.
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Aerospace industry
| October 25, 2016
Lufthansa Technik opens engineering services centerLufthansa Technik AG, Germany’s leading aircraft maintenance and engineering company has opened a new Aircraft Engineering Services Center at Budapest Airport. The new center will focus its activities around the Boeing 737 aircraft.
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Automotive industry
| October 19, 2016
German carmakers feel Hungarian labor shortageExecutives of German carmakers Audi and Daimler complained about labour shortage in Hungary this Wednesday, adding that efforts to improve worker mobility and local infrastructure were needed, the financial website portfolio.hu reports.
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Transport industry
| October 14, 2016
Electric buses to be manufactured in HungaryChinese automobile manufacturer BYD is establishing Europe’s first electric bus factory in Komárom, NW Hungary with an investment of HUF 6.2 billion forints (EUR 20 mn). Production is expected to already begin early next year.
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Scandal
| October 10, 2016
Hungary's largest political daily suspendedFor the first time in many decades, the Hungarian daily Népszabadság was not published this Monday. The publishing company, citing economic reasons, notified journalists on Saturday morning that they should not come to work on Sunday.
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Ambassadors in Budapest
| October 5, 2016
Cherishing a common heritageThe Ambassador of the Slovak Republic to Hungary, Rastislav Kácer tells Diplomacy and Trade in a recent interview that Slovakia and Hungary shared all good and bad things for 950 years. he also discusses the different aspects of bilateral relations.
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Trade
| October 4, 2016
Lobbying against free trade deal with CanadaThe deputy ombudsman in charge of future generations, Marcel Szabó and representatives of civil organisations called on Hungary’s government not to sign a planned free trade agreement (CETA) between the European Union and Canada.
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Hungary vs. EU
| October 3, 2016
Invalid referendum in HungaryOnly about 43,5% of the over eight million people eligible to vote cast a NO vote at a referendum to the government's question allowing EU quotas for migrants' settlement into Hungary, therefore, the result is invalid as the validity limit is 50%.
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Hungarian economy
| September 29, 2016
Hungary to boost competitivenessThe Hungarian Prime Minister’s cabinet chief, János Lázár announced at his regular weekly briefing this thursday that the country must find the wqys to be more competitive and catch up with Poland in the Visegrád Group.
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EU affairs
| September 26, 2016
EU Commissioner for Trade in BudapestAddressing the forum 'It's about Europe, it's about you' i Budapest , European Commissioner for Trade, Cecilia Malström said the free trade agreements enable Europe to shape economic globalisation rather than passively suffering from it.
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Crime
| September 25, 2016
Explosion in the Hungarian capitalAn explosion occurred in a vacant shop along Europe's busiest tram line around 10.30 p.m. Saturday night in Budapest. Two police officers, reportedly passing by, were injured. Crime investihation is ongoing with the suspect's photo published.
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Hungarian economy
| September 15, 2016
Labor shortage worsening in HungaryA 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.
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Hospitality
| September 14, 2016
Kempinski Hotel Corvinus Hungary’s Leading Business HotelKempinski 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.
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Ambassadors in Budapest
| September 13, 2016
Pole and Hungarian, two good friendsThe 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’.
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Regional cooperation
| September 7, 2016
V4 PMs at Krynica Economic ForumThe 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.
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Hungarian economy
| September 2, 2016
Hungarian gov't increases tax on fuelA 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.
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Hungarian economy
| August 31, 2016
Less EU funds, less investments in HungaryThe 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%.
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Diplomacy
| August 29, 2016
V4 foreign ministers speak to Hungarian diplomatsFor 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.
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Migration
| August 26, 2016
PM Orbán to erect new border fenceHungary’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.
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Aviation industry
| August 24, 2016
Budapest Airport to build new DHL Express baseBudapest 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.
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Hungarian society
| November 25, 2016
Cherishing a tradition, a pine tree was erected as the Christmas Tree of the Country in front of the building of Hungarian Parliament this Friday. The 4.5-ton silver fir of about 20 meters in height was cut down in Sárszentmihály, Fejér County.
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Conference
| November 21, 2016
Hungarian President János Áder, the Patron of this year's Budapest Water Summit has issued a special stamp for the occasion. Designed by artist Anita Laczkó; the miniature sheet with a face value of HUF 400 depicts water droplets forming a unique bird.
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Commemoration
| November 17, 2016
Ten years after his death, and coinciding with the 60th anniversary of the Hungarian Revolution, the figure of Ferenc Puskás was the object of an emotional tribute that took place on Monday at the stadium where he concluded his legend.
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Culture
| November 7, 2016
The Hungarian National Philharmonic Orchestra has announced "with deep sadness" that its musical director, Zoltán Kocsis died Sunday afternoon "after a long illness borne with dignity" at the age of 64. He underwent heart surgery in 2012.
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Sports
| October 31, 2016
The International Swimming Hall of Fame, the international organisation charged with preserving the memories of those legends of the swimming pool, has inducted six of Hungary's triple Olympic water polo champions into its cast of stars.
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Ambassadors in Budapest
Verónica Chahín, Ambassador of Chile | October 28, 2016
In its WittyLeaks series, Diplomacy and Trade regularly publishes the personal accounts of ambassadors accredited in the Hungarian capital. This time, it is the turn of the Chilean ambassador to tell about her observations in Hungary.
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Anniversary
| October 24, 2016
Commemorations were held in Budapest on October 23 to mark the 60th anniversary of the popular uprising against the Stalinist regime in 1956. PM Viktor Orbán warned of the 'Sovietization' of the EU while the opposition called for him to be toppled.
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Hungary vs. EU
| October 21, 2016
Eurostat is maintaining the reservation on the quality of the data reported by Hungary in relation to the sector classification of Eximbank which needs to be reclassified inside the general government sector resulting in an increase in government debt.
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History
| October 20, 2016
In celebration of the 60th anniversary of the 1956 popular uprising against the Stalinist regime in Hungary, the British Embassy in Budapest prepared a special exhibition that presents the flow of events from the viewpoint of contemporary British diplomats.
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Domestic issues
| October 17, 2016
The Hungarian Academy of Sciences (MTA) does not form an opinion in political issues. That is according to MTA's President in reaction to an open letter signed by 28 MTA members to formulate a view on what they consider anti-democratic processes in the country.
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Food industry
| October 12, 2016
Nestlé Hungária organized a conference in Budapest at the 25th anniversary of its establishment and the 150th anniversary of the founding of Nestlé. Nestlé’s investments in Hungary total more than HUF 100 billion (EUR 330 mn).
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Sports
| October 7, 2016
Hungary lost 3-2 it World Cup qualfying game to Switzerland in Budapest. The visitors took the lead three times, Hungary managed to equalize twice but had no answer to the third Swiss goal scored a minute before the end of regular time.
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Commerce
| October 6, 2016
Home improvement and do-it-yourself goods hypermarket chain Praktiker has opened its 20th - and the largest - store in Hungary. The 12,000-square-meter facility, secured with a long-term rent contract, has been built in the place of a similar store.
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Ambassadors in Budapest
| September 30, 2016
After almost six years in service as the Ambassador of the Republic of Poland, Roman Kowalski bid farewell to fellow diplomats, friends and other invitees at the Gundel Restaurant this Friday before returning to Warsaw with his family.
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Hungarian economy
| September 28, 2016
After reaching its lowest point this year in August, the GKI economic sentiment index rose within the statistical margin of error in September 2016. That is according to the empirical survey conducted by Hungarian think tank GKI.
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Culture
| September 22, 2016
Liberty Global Plc has announced a multi-year partnership with Netflix Inc. which will lead to Netflix’s content being made available to Liberty Global video customers across more than 30 countries around the world – including those of UPC Hungary.
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Sports
| 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.
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Science
| 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.
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Anniversary
| 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.
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Domestic issues
| 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.
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Sports
| 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.
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Education
| 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.
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Crime
| 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.
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Culture
| August 25, 2016
An exhibition of paitings and drawings by Hungarian musicians has opened in the Rockmúzeum in Budapest. The creators of these pieces of art are rock musicians who decided to try and express their talent in other forms or art.
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