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The National Bank of Hungary (NBH) has fined MBH Bank and its unit MBH Investment Bank HUF 27.5m for failing to complete remedial measures, the central bank and financial market watchdog said on Monday.
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The Socialist Party is filing a complaint to the authorities in connection with the "underhand" sale of Vodafone to a state-owned fund which "recorded a loss of around 13 billion forints [EUR 31.3m]" during the sale of the telecommunications company in the period of less than a year, and the opposition alleges that the state exchanged high-value shares for ones of lower value in opaque transactions that produced losses seriously detrimental to national interests.
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Former Ireland international footballer Robbie Keane is the new head coach of defending Hungarian champions Ferencváros (FTC), the capital club announced.
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The National Toll Payment Services Plc (NÚSZ) officially announced the 2025 motorway vignette prices for Hungary.
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Household wealth in Luxembourg was 36% higher than the EU average, while Hungary and Bulgaria ranked lowest at 30% below the average, according to Euronews Business.
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After more than a year and a half of preparatory work, One Hungary, part of the 4iG group, opened its first "flagship" brand store on Monday in the Westend City Center shopping mall in Budapest, on the site of the former Vodafone brand store.
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The European Institute of Innovation and Technology (EIT) has opened a community hub for innovation in Budapest, the organisation told MTI.
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Peter Magyar, the leader of opposition Tisza, has called on President Tamas Sulyok to resign his office.
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Three Nigerian men were questioned for the crime of drug trafficking, then taken into custody and their arrest initiated, the Budapest Police Headquarters (BRFK) announced recently.
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The first ever Hungarian Snooker Masters, the successor event of the previous six galas, was won by Barry Hawkins – the 2023 European Masters champion – who beat local star Bulcsú Révész in Sunday’s final.
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International gastronomy website Taste Atlas has made a list of the world’s 100 best dishes at the end of 2024. A famous Hungarian dish, one that is present at almost every household on Sundays, has managed to earn a place in the top 100, reports Drive.hu.
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To understand Hungarian cuisine, we have to take a peek into the past. Today's Hungarian cuisine is a synthesis of ancient Asiatic components mixed with Germanic, Italian, and Slavic elements. The food of Hungary can be considered a melting pot of the continent, with its own original cuisine from the Magyar people.
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Our Palóc Goulash or Palóc Soup, which is similar like our national goulash, but different. It is because palóc goulash consists of more ingredients (for example French beans and sour cream). And originally, it's made of lamb.
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On Saturday, January 11, the Transparent Sound New Music Festival will kick off with over twenty programs under a collective theme, with the title “Polychrome,” for almost a month in several Budapest venues, the organizers announced.
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