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Hungarian Central Bank Raises Leading Rate to 5.35%

Hungarian Central Bank Raises Leading Rate to 5.35%

The MNB increased its one-week deposit facility, its leading interest rate, by 75 basis points to 5.35%, exceeding expectations.
Russia “Rearranging the European Security Map” Explains PM Orbán

Russia “Rearranging the European Security Map” Explains PM Orbán

Hungary wants peace, Prime Minister Viktor Orbán said in an interview published in the weekly Mandiner. In the interview given earlier this week, he said Russia was “rearranging the European security map”.
Hungary “Firmly Decided” Not to Send Troops to Ukraine, Explains PM's Chief of Staff

Hungary “Firmly Decided” Not to Send Troops to Ukraine, Explains PM's Chief of Staff

Hungary’s security is of paramount importance in the current situation, the prime minister’s chief of staff has said. “It is in the country’s explicit interest that it should not get dragged into the war.”
Forint Recovers from Historic Low

Forint Recovers from Historic Low

The forint traded at 380.77 to the euro around 5.30pm on Wednesday, regaining some ground after hitting a new record low of 383 earlier in the day.
'A New World Was Born' Exhibition, Castle Garden Bazaar Budapest

'A New World Was Born' Exhibition, Castle Garden Bazaar Budapest

  • 3 Mar 2022 4:58 PM
  • community & culture
The permanent exhibition guides visitors from the belle époque through wartime enthusiasm to bitter disillusionment on over 2000 square metres.
Buda’s Castle District - Europe’s Grandest Reconstruction Project

Buda’s Castle District - Europe’s Grandest Reconstruction Project

  • 3 Mar 2022 1:55 PM
  • getting around
It’s surprising that the dramatic restoration of Buda’s castle and palace complex to its early twentieth century glory hasn’t attracted more attention, reports Mark Higgie for Xpatloop.com.
Central Bank Withdraws Sberbank Licence in Hungary

Central Bank Withdraws Sberbank Licence in Hungary

The National Bank of Hungary (NBH) said it has withdrawn the lending licence of Russian-owned Sberbank Hungary because of its “serious liquidity and capital situation” amid international sanctions against Russia.
Opposition MPs Slam Hungary's Foreign Policy, & Claim 'War Not Expected to Spread to Transcarpathia'

Opposition MPs Slam Hungary's Foreign Policy, & Claim 'War Not Expected to Spread to Transcarpathia'

Opposition members of parliament’s foreign affairs committee have accused the government of ditching a policy of carving its own path in its dealings with Russia, NATO and the EU, a policy which they said had “failed” in light of the war in Ukraine.
Hungary's FM Speaks About

Hungary's FM Speaks About "Horrors of War”, Dangers of Deepening Energy Crisis, Calls Donald Tusk a “Notorious Liar”

European energy security has faced serious challenges over the recent period, which may even be exacerbated by the Ukraine-Russia war, Péter Szijjártó, the minister of foreign affairs and trade, told a conference.
Hungarian Central Bank Raises Leading Rate to 5.35%

Hungarian Central Bank Raises Leading Rate to 5.35%

The MNB increased its one-week deposit facility, its leading interest rate, by 75 basis points to 5.35%, exceeding expectations.
Russia “Rearranging the European Security Map” Explains PM Orbán

Russia “Rearranging the European Security Map” Explains PM Orbán

Hungary wants peace, Prime Minister Viktor Orbán said in an interview published in the weekly Mandiner. In the interview given earlier this week, he said Russia was “rearranging the European security map”.
Hungary “Firmly Decided” Not to Send Troops to Ukraine, Explains PM's Chief of Staff

Hungary “Firmly Decided” Not to Send Troops to Ukraine, Explains PM's Chief of Staff

Hungary’s security is of paramount importance in the current situation, the prime minister’s chief of staff has said. “It is in the country’s explicit interest that it should not get dragged into the war.”
Forint Recovers from Historic Low

Forint Recovers from Historic Low

The forint traded at 380.77 to the euro around 5.30pm on Wednesday, regaining some ground after hitting a new record low of 383 earlier in the day.
'A New World Was Born' Exhibition, Castle Garden Bazaar Budapest

'A New World Was Born' Exhibition, Castle Garden Bazaar Budapest

  • 3 Mar 2022 4:58 PM
  • community & culture
The permanent exhibition guides visitors from the belle époque through wartime enthusiasm to bitter disillusionment on over 2000 square metres.
Buda’s Castle District - Europe’s Grandest Reconstruction Project

Buda’s Castle District - Europe’s Grandest Reconstruction Project

  • 3 Mar 2022 1:55 PM
  • getting around
It’s surprising that the dramatic restoration of Buda’s castle and palace complex to its early twentieth century glory hasn’t attracted more attention, reports Mark Higgie for Xpatloop.com.
Central Bank Withdraws Sberbank Licence in Hungary

Central Bank Withdraws Sberbank Licence in Hungary

The National Bank of Hungary (NBH) said it has withdrawn the lending licence of Russian-owned Sberbank Hungary because of its “serious liquidity and capital situation” amid international sanctions against Russia.
Opposition MPs Slam Hungary's Foreign Policy, & Claim 'War Not Expected to Spread to Transcarpathia'

Opposition MPs Slam Hungary's Foreign Policy, & Claim 'War Not Expected to Spread to Transcarpathia'

Opposition members of parliament’s foreign affairs committee have accused the government of ditching a policy of carving its own path in its dealings with Russia, NATO and the EU, a policy which they said had “failed” in light of the war in Ukraine.
Hungary's FM Speaks About

Hungary's FM Speaks About "Horrors of War”, Dangers of Deepening Energy Crisis, Calls Donald Tusk a “Notorious Liar”

European energy security has faced serious challenges over the recent period, which may even be exacerbated by the Ukraine-Russia war, Péter Szijjártó, the minister of foreign affairs and trade, told a conference.