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Hungary has made significant progress in closing the gap with OECD living standards, but must implement reforms to improve public finances and lay the foundations for future growth, the Organisation for Economic Co-operation and Development (OECD) said in a report released.
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A house in Balatonhenye formerly jointly owned by Prime Minister Péter Magyar and his ex-wife, former Justice Minister Judit Varga, has been put up for sale for Ft 299 million, according to property listings reviewed by 24.
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The government will fundamentally change the financing model for major international sporting events following concerns over excessive costs at previous competitions, state secretary for sport Attila Kálnoki-Kis announced.
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The Hungarian Defence Forces' bomb disposal unit told MTI on Friday morning that a World War II shell casing exposed by low water levels at the central pillar of Margaret Bridge has been safely removed, and all road closures have been lifted.
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Business and consumer sentiment in Hungary improved in July, a monthly gauge by economic research institute GKI shows.
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The Recirquel circus company is returning to the Sziget Festival this year with a new large-scale production created for the event where its international success story began 14 years ago. Their show, Liberty Love Rave, will run five times between Aug 11 and 15 on the Le Grand Theatre stage.
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A global concert phenomenon that reimagines the world’s biggest dance anthems with the power of a live orchestra is heading back to Hungary on 8 October.
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Arriving to Hungary in 1996, Christopher spent close to a decade in business and real estate development. Following this he completed his law studies “Cum Laude” and was called to the Hungarian bar in 2009.
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The fresh newsletter for the International Community in Hungary - described by readers as a "Great read each week" - is now available for your interest and use via the link below.
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The cabinet has made a preliminary decision regarding a railway development programme worth several thousand billion forints, largely financed from EU funds, Prime Minister Peter Magyar said at a regular press briefing on Thursday.
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Hungary's cash flow-based general government deficit reached HUF 3,382.2bn at the end of June, 80.2pc of the full-year target, the Finance Ministry confirmed in a detailed report published.
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Hungarian director Lili Horvat's first English-language film, My Notes on Mars, will open the Giornate degli Autori (Venice Days) competition programme at the 83rd Venice International Film Festival.
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Wines from the Mura region in southwest Hungary, close to the borders with Croatia and Slovenia, have been added as a Protected Designation of Origin (PDO) in the European Union's eAmbrosia database, the European Commission said on Wednesday.
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A new laser microscopy method developed under the leadership of Hungarian researchers could lead to a breakthrough in neuroscience research, and the researchers presented the results of their international collaboration in the journals Science and Neuron.
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