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Austrian-owned Erste Bank Hungary booked a first-quarter loss of HUF 5bn as new rules required the lender to book the full-year windfall profit tax in Q1, chairman-CEO Radovan Jelasity said on Wednesday.
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The American Hungarian Foundation (AHF) has recognized Nobel Prize winner Katalin Karikó with the prestigious George Washington Award. The announcement was made by the University of Szeged following the Hungarian American Coalition's gala, which also marked the upcoming 250th anniversary of the United States.
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Parliament has adopted legislation granting Hungarian tax and customs authority NAV power to investigate the matter of the Ukrainian cash and gold, which was halted in transit in Hungary last week.
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The Bharata Hindu community is building a temple at Ozora, in Tolna County, the community told MTI on Wednesday.
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Following a series of sold-out performances and standing ovations across the country in 2025, the Georgian Royal National Ballet has confirmed its return to Hungary for a nationwide tour on 25 November.
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Péter Magyar claimed in a Facebook post that the outgoing Orbán government is attempting to “drain state coffers” in its final week by taking on new financial commitments and removing spending controls.
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Media entrepreneur Gyula Balasy has resigned ownership of his shares in all his media, communication and events companies and offered them to the state in an interview. Reacting to his announcement, Mark Radnai, deputy leader of the Tisza Party and MP, accused the "multi-billionaire of NER" of "trying to exonerate himself in a quivering voice", adding that "nothing will be forgotten".
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Zoltan Fekete-Szaloky, editor-in-chief of the Index news portal, is to step down from his post in mid-May and will be replaced by his deputy, Norbert Gedei, the Indamedia Group told MTI on Tuesday.
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Around 59pc of Hungarian employees believe their current positions will remain for another five years, at least, a representative survey by insurer BNP Paribas Cardif Biztosito and Median shows.
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The University of Theatre and Film Arts (SZFE) held a university-wide forum on Wednesday, attended by all students, faculty, and staff. At the event, two lecturers, Laszlo Csuja and Lorant Stohr, called for the resignation of the university's leadership and the board of the Foundation for Theatre and Film Arts, which oversees SZFE.
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Expected changes to rules on guest workers present "no significant risk" to the operation of Pensum Group, the staffing company said in an announcement on Tuesday.
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Following the change of government, the Hungarian Academy of Sciences (MTA) now finds itself in a "completely different situation" than in the past six years, its newly elected president, Mihaly Posfai, said on Tuesday, outlining his vision for the institution's future.
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"On 12 April, we suffered an earthquake-like defeat. There's no sugar-coating it," Viktor Orbán, leader of the Fidesz party, wrote in a post shared across various Digital Civic Circles (DPK) Facebook groups, according to an article on news portal 444.hu.
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"Italy is also our home, it’s good that we’ve returned to Europe," Prime Minister-elect Peter Magyar said on Tuesday evening at the Riviera International Film Festival in Sestri Levante, according to a report by the Italian news agency Ansa.
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