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New Coins Now Circulating in Hungary, Including a Silver One Worth HUF 50,000

New Coins Now Circulating in Hungary, Including a Silver One Worth HUF 50,000

A new Ft 100 coin will be released on May 16, in honour of the MNB’s centenary. The obverse depicts the MNB logo and a decorative motif inspired by a 1924 share certificate, with inscriptions commemorating 100 years of a stable monetary system.
New Budapest Tram Network Upgrades Announced

New Budapest Tram Network Upgrades Announced

Budapest’s city council wants to make the city “more tram-friendly” and make trams more accessible to all residents, Gergely Karácsony, the city’s mayor has announced. Accessibility will be improved, he said, adding that Budapest residents rightfully expected trams to have air conditioning and low floors..
Escape from Budapest to Bali - Part 1. Holiday Heaven: Sun, Sea & Spirituality

Escape from Budapest to Bali - Part 1. Holiday Heaven: Sun, Sea & Spirituality

  • 16 May 2024 5:37 PM
  • travel
Indonesia’s famed 'Island of the Gods' stakes a serious claim as paradise on earth. Bali’s tropical climate together with its diverse scenery - from lush rice terraces set by volcanic mountains to temples in the ocean and celebrated beaches - all combining to provide an idyllic backdrop to the island's colourful, profoundly spiritual, and vibrant culture.
Shops Closed on 19 & 20 May - What Else Does Pentecost Signify In Hungary?

Shops Closed on 19 & 20 May - What Else Does Pentecost Signify In Hungary?

  • 15 May 2024 4:20 PM
  • community & culture
Pentecost is a public holiday in Hungary, and so shops will be closed on Sunday and Monday, 19 & 20 May. It's a Christian holiday commemorating the descent of the Holy Ghost upon the disciples of Jesus Christ, according to the New Testament of the Bible. It is also known as Whit Sunday.
Costs Revealed: 396 Foreign Properties Owned by Hungarian State, Including in North Korea

Costs Revealed: 396 Foreign Properties Owned by Hungarian State, Including in North Korea

The Fidesz government has spent Ft 30 billion on the purchase of 23 buildings abroad over the past 14 years, mostly for foreign missions or cultural activities, RTL reports.
Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Hungary needs love and peace; it needs to bury the trenches, and a leadership that “doesn’t pretend to be rural and family-friendly, or Christian, but works every day in the interest of the Hungarian people,”
Historic First: Natural Gas Deliveries Start from Azerbaijan to Hungary

Historic First: Natural Gas Deliveries Start from Azerbaijan to Hungary

For the first time in history, natural gas deliveries have started from Azerbaijan to Hungary, which greatly contributes to Hungary’s diversification efforts in energy supply, the minister of foreign affairs and trade said in Baku.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.

"Smokeless Products" Plant: New HUF 60 Billion Investment Announced by BAT to Create 450 Jobs in SW Hungary

British American Tobacco is expanding production in Pécs, in south-west Hungary, with a new 60 billion forint (EUR 152.4m) plant manufacturing smokeless products, creating 450 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said in Budapest.
New Coins Now Circulating in Hungary, Including a Silver One Worth HUF 50,000

New Coins Now Circulating in Hungary, Including a Silver One Worth HUF 50,000

A new Ft 100 coin will be released on May 16, in honour of the MNB’s centenary. The obverse depicts the MNB logo and a decorative motif inspired by a 1924 share certificate, with inscriptions commemorating 100 years of a stable monetary system.
New Budapest Tram Network Upgrades Announced

New Budapest Tram Network Upgrades Announced

Budapest’s city council wants to make the city “more tram-friendly” and make trams more accessible to all residents, Gergely Karácsony, the city’s mayor has announced. Accessibility will be improved, he said, adding that Budapest residents rightfully expected trams to have air conditioning and low floors..
Escape from Budapest to Bali - Part 1. Holiday Heaven: Sun, Sea & Spirituality

Escape from Budapest to Bali - Part 1. Holiday Heaven: Sun, Sea & Spirituality

  • 16 May 2024 5:37 PM
  • travel
Indonesia’s famed 'Island of the Gods' stakes a serious claim as paradise on earth. Bali’s tropical climate together with its diverse scenery - from lush rice terraces set by volcanic mountains to temples in the ocean and celebrated beaches - all combining to provide an idyllic backdrop to the island's colourful, profoundly spiritual, and vibrant culture.
Shops Closed on 19 & 20 May - What Else Does Pentecost Signify In Hungary?

Shops Closed on 19 & 20 May - What Else Does Pentecost Signify In Hungary?

  • 15 May 2024 4:20 PM
  • community & culture
Pentecost is a public holiday in Hungary, and so shops will be closed on Sunday and Monday, 19 & 20 May. It's a Christian holiday commemorating the descent of the Holy Ghost upon the disciples of Jesus Christ, according to the New Testament of the Bible. It is also known as Whit Sunday.
Costs Revealed: 396 Foreign Properties Owned by Hungarian State, Including in North Korea

Costs Revealed: 396 Foreign Properties Owned by Hungarian State, Including in North Korea

The Fidesz government has spent Ft 30 billion on the purchase of 23 buildings abroad over the past 14 years, mostly for foreign missions or cultural activities, RTL reports.
Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Photos: Unprecedented Crowds at Péter Magyar's Latest Rally in Hungary

Hungary needs love and peace; it needs to bury the trenches, and a leadership that “doesn’t pretend to be rural and family-friendly, or Christian, but works every day in the interest of the Hungarian people,”
Historic First: Natural Gas Deliveries Start from Azerbaijan to Hungary

Historic First: Natural Gas Deliveries Start from Azerbaijan to Hungary

For the first time in history, natural gas deliveries have started from Azerbaijan to Hungary, which greatly contributes to Hungary’s diversification efforts in energy supply, the minister of foreign affairs and trade said in Baku.
Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Now 7.75%: Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.

"Smokeless Products" Plant: New HUF 60 Billion Investment Announced by BAT to Create 450 Jobs in SW Hungary

British American Tobacco is expanding production in Pécs, in south-west Hungary, with a new 60 billion forint (EUR 152.4m) plant manufacturing smokeless products, creating 450 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said in Budapest.