Budapest mayor urges publication of OLAF report on Metro 4

Budapest, January 24 (MTI) – Budapest Mayor István Tarlós has called it “unfortunate” that a report by the European Union’s anti-fraud office (OLAF) concerning suspected corruption involved in the construction of Budapest’s fourth metro line has not yet been published,…
Foreign minister Szijjártó: Hungary loses USD 6.5 billion due to Russia sanctions – Interview

Moscow, January 24 (MTI) – Hungary’s economy has suffered losses of 6.5 billion US dollars over the period of three years due to sanctions against Russia, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, noted in a Tuesday interview…
Dazzling videos of the icy Lake Balaton

We can’t seem to get off winter, can we? Truth is, most of us are dazzled by the wintertime weather, because it has been quite some time since it produced such beautiful sensations in Hungary. And it keeps on inspiring…
Asia, Europe complete each other, says Bank of China chief in Budapest

Budapest (MTI) – Linking Asia and Europe could establish the world’s longest trade route, Tian Guoli, chairman of the Bank of China, told the Lámfalussy Lectures conference in Budapest on Monday. Europe offers experience and advanced technologies while Asia offers…
Measure of solidarity is compliance with EU rules, says government spox

Brussels, January 23 (MTI) – The primary measure of solidarity is full compliance with European Union rules, government spokesman Zoltán Kovács told an international press conference in Brussels on Monday in connection with the issue of migration. Most EU member…
Head of the foreign affairs committee hails US election as ‘victory for democracy’

Brussels, January 23 (MTI) – The US presidential election was a “victory for democracy” since voters managed to overcome “financial, media and bureaucratic barriers”, Zsolt Németh, head of the foreign affairs committee of Hungary’s parliament, told MTI by phone from…
6.5 kilometre promenade to be built in the heart of Budapest

Index.hu wrote two years ago on their Urbanist blog that we would be able to walk along the Danube from the Liberty Bridge until Dagály Bath on a 6.5 kilometre promenade in 2-3 years’ time. Now they report that it…
Hundreds of deer crossed the road in South Hungary – VIDEOS

Sokszinuvidek.24.hu has published a video of a huge deer herd of over a hundred animals crossing the road in the south of Hungary, between Nagynyárád and Sátorhely. The traffic stopped to let the galloping herd pass. Check out these magnificent…
Hungarian government and Bank of China sign strategic cooperation agreement – UPDATE

Budapest, January 23 (MTI) – Hungary’s government and Bank of China (BoC) have concluded a strategic cooperation agreement. The document was signed by state secretary of foreign affairs and trade László Szabó and BoC Chairman Tian Guoli in Budapest on…
W Hotels Worldwide to ‘Make an Entrance’ into Hungary with W Budapest

BUDAPEST, Hungary – (Business Wire) – W Hotels Worldwide, now part of Marriott International, Inc. (NASDAQ: MAR), last week announced an agreement with QPR Properties Kft, part of Constellation Hotels Holding Ltd., to debut the iconic W Hotels brand in Hungary…