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New Supercomputer '20 Petaflop' to be Built in Hungary

New Supercomputer '20 Petaflop' to be Built in Hungary

Hungary has won funding of 6 billion forints (EUR 15m) for developing and operating a 20 petaflop supercomputer, the Ministry of Technology and Industry (TIM) said on Wednesday.
Probe Into Pegasus Spyware Dropped in Hungary Due to “Absence of a Crime”

Probe Into Pegasus Spyware Dropped in Hungary Due to “Absence of a Crime”

Hungarian investigative prosecutors have terminated the investigation into allegations of illegal eavesdropping on the mobile phones of several Hungarian journalists and opposition figures in connection with Pegasus spyware, citing “absence of a crime”.
HUF 103 Billion Earmarked for Electricity Grid Development

HUF 103 Billion Earmarked for Electricity Grid Development

Hungary’s government has earmarked 103 billion forints (EUR 25.8m) for developing its electricity grid, the state secretary for energy and climate policy, Attila Steiner, told a press conference.
Central Bank Raises Base Rate by 50 Basis Points in Hungary

Central Bank Raises Base Rate by 50 Basis Points in Hungary

Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Hungarian Recipe Of The Week: 'Sweet Elderflower Pie'

Hungarian Recipe Of The Week: 'Sweet Elderflower Pie'

  • 24 May 2022 10:13 AM
  • food & drink
You may love or hate the scent of these creamy-white, fragrant blossoms, but you’ll have to admit that the sweet recipe that follows has summer written all over it.
Updated: Central Section of Metro 3 Reopens, Finally

Updated: Central Section of Metro 3 Reopens, Finally

A central stretch of Budapest’s M3, covering Kálvin Square, Corvin, and Semmelweis Klinikák, reopened last Saturday - not before time say many.
Danube Public Transport Boats Cancelled in Budapest, Mahart to Offer Limited Service

Danube Public Transport Boats Cancelled in Budapest, Mahart to Offer Limited Service

The role of boats as a form of public transport on the Danube in Budapest will not be revived, having been suspended last year due to the pandemic, Népszava reports.
Home Building Permit Issues Up 15% in Hungary

Home Building Permit Issues Up 15% in Hungary

The number of home building permits issued in Hungary rose by an annual 15.2% to 8,001 in the first quarter, the Central Statistical Office (KSH) said on Thursday.
New Supercomputer '20 Petaflop' to be Built in Hungary

New Supercomputer '20 Petaflop' to be Built in Hungary

Hungary has won funding of 6 billion forints (EUR 15m) for developing and operating a 20 petaflop supercomputer, the Ministry of Technology and Industry (TIM) said on Wednesday.
Probe Into Pegasus Spyware Dropped in Hungary Due to “Absence of a Crime”

Probe Into Pegasus Spyware Dropped in Hungary Due to “Absence of a Crime”

Hungarian investigative prosecutors have terminated the investigation into allegations of illegal eavesdropping on the mobile phones of several Hungarian journalists and opposition figures in connection with Pegasus spyware, citing “absence of a crime”.
HUF 103 Billion Earmarked for Electricity Grid Development

HUF 103 Billion Earmarked for Electricity Grid Development

Hungary’s government has earmarked 103 billion forints (EUR 25.8m) for developing its electricity grid, the state secretary for energy and climate policy, Attila Steiner, told a press conference.
Central Bank Raises Base Rate by 50 Basis Points in Hungary

Central Bank Raises Base Rate by 50 Basis Points in Hungary

Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Hungarian Recipe Of The Week: 'Sweet Elderflower Pie'

Hungarian Recipe Of The Week: 'Sweet Elderflower Pie'

  • 24 May 2022 10:13 AM
  • food & drink
You may love or hate the scent of these creamy-white, fragrant blossoms, but you’ll have to admit that the sweet recipe that follows has summer written all over it.
Updated: Central Section of Metro 3 Reopens, Finally

Updated: Central Section of Metro 3 Reopens, Finally

A central stretch of Budapest’s M3, covering Kálvin Square, Corvin, and Semmelweis Klinikák, reopened last Saturday - not before time say many.
Danube Public Transport Boats Cancelled in Budapest, Mahart to Offer Limited Service

Danube Public Transport Boats Cancelled in Budapest, Mahart to Offer Limited Service

The role of boats as a form of public transport on the Danube in Budapest will not be revived, having been suspended last year due to the pandemic, Népszava reports.
Home Building Permit Issues Up 15% in Hungary

Home Building Permit Issues Up 15% in Hungary

The number of home building permits issued in Hungary rose by an annual 15.2% to 8,001 in the first quarter, the Central Statistical Office (KSH) said on Thursday.