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Updated: Renewal Of Széll Kálmán Tér - Changes Valid Until 10 May
- 30 Apr 2016 9:02 AM
- getting around
See below for latest news about traffic flow issues and public transport changes, from BKK Centre for Budapest Transport. The Széll Kálmán tér reconstruction works in Buda began on 12 January 2015, and are set to last for 1.5 years, at least.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Interview 2: Andrea Snow, Founder of Team Heart
- 27 Apr 2016 12:00 PM
Andrea is a chartered surveyor with a Master’s degree from Nottingham Trent University and the Budapest Technical University, and more than a decade of impressive achievements in commercial real estate.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Travel Spending Set To Fall If Vouchers Replaced By Cash
- 27 Apr 2016 9:00 AM
- travel
Spending on travel with recreation vouchers would fall by more than half if the vouchers are replaced with cash, a survey by room booking service Szallas.hu shows. Just 17% of respondents said they would spend the full equivalent in cash of the recreation vouchers they get at present.
Russian Avant-Garde Exhibition, Budapest National Gallery
- 27 Apr 2016 9:00 AM
- community & culture
On display until 1 May 2016. Forty outstanding works of Russian avant-garde art from the 1910s and 1920s will be on show in Budapest until May 1. This will be the first exhibition abroad featuring nearly all of the avant-garde works from the Russian Ekaterinburg Museum’s collection, by notable artists such as Kazimir Malevich, Wassily Kandinsky, Aleksandr Rodchenko, El Lissitzky, Natalia ...
Orbán: Suspend Schengen Membership For Errants
- 25 Apr 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán said that while originally Germany and Hungary had taken two entirely different approaches to handling the migrant crisis, Germany, too, has started focusing on protecting the EU’s external borders. Although they will never admit it, EU leaders are now prioritising border protection, just as Hungary did from the start, he told public radio.
Chernobyl Marathon, Budapest, 25 – 26 April
- 25 Apr 2016 2:00 AM
- community & culture
The Blinken Open Society Archives invites you to its two-day series of programs spanning from morning till late at night, commemorating the thirtieth anniversary of the nuclear power plant disaster at Chernobyl. Evening programs include film and book launches and literary readings to help discuss the events that happened thirty years ago while also touching upon issues concerning the safety of ...
Formula 1: Bernie Ecclestone Confirms Hungarian Grand Prix Until At Least 2026
- 23 Apr 2016 9:00 AM
- sport
Bernie Ecclestone, the British business magnate who is chief executive of the Formula One Group, has confirmed that the Hungarian Grand Prix, held every year at the Hungaroring motor racing circuit at Mogyoród, near Budapest, will be held at least until 2026.
Updated: Renewal Of Széll Kálmán Tér - Changes Valid Until 10 May
- 30 Apr 2016 9:02 AM
- getting around
See below for latest news about traffic flow issues and public transport changes, from BKK Centre for Budapest Transport. The Széll Kálmán tér reconstruction works in Buda began on 12 January 2015, and are set to last for 1.5 years, at least.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Interview 2: Andrea Snow, Founder of Team Heart
- 27 Apr 2016 12:00 PM
Andrea is a chartered surveyor with a Master’s degree from Nottingham Trent University and the Budapest Technical University, and more than a decade of impressive achievements in commercial real estate.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Travel Spending Set To Fall If Vouchers Replaced By Cash
- 27 Apr 2016 9:00 AM
- travel
Spending on travel with recreation vouchers would fall by more than half if the vouchers are replaced with cash, a survey by room booking service Szallas.hu shows. Just 17% of respondents said they would spend the full equivalent in cash of the recreation vouchers they get at present.
Russian Avant-Garde Exhibition, Budapest National Gallery
- 27 Apr 2016 9:00 AM
- community & culture
On display until 1 May 2016. Forty outstanding works of Russian avant-garde art from the 1910s and 1920s will be on show in Budapest until May 1. This will be the first exhibition abroad featuring nearly all of the avant-garde works from the Russian Ekaterinburg Museum’s collection, by notable artists such as Kazimir Malevich, Wassily Kandinsky, Aleksandr Rodchenko, El Lissitzky, Natalia ...
Orbán: Suspend Schengen Membership For Errants
- 25 Apr 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán said that while originally Germany and Hungary had taken two entirely different approaches to handling the migrant crisis, Germany, too, has started focusing on protecting the EU’s external borders. Although they will never admit it, EU leaders are now prioritising border protection, just as Hungary did from the start, he told public radio.
Chernobyl Marathon, Budapest, 25 – 26 April
- 25 Apr 2016 2:00 AM
- community & culture
The Blinken Open Society Archives invites you to its two-day series of programs spanning from morning till late at night, commemorating the thirtieth anniversary of the nuclear power plant disaster at Chernobyl. Evening programs include film and book launches and literary readings to help discuss the events that happened thirty years ago while also touching upon issues concerning the safety of ...
Formula 1: Bernie Ecclestone Confirms Hungarian Grand Prix Until At Least 2026
- 23 Apr 2016 9:00 AM
- sport
Bernie Ecclestone, the British business magnate who is chief executive of the Formula One Group, has confirmed that the Hungarian Grand Prix, held every year at the Hungaroring motor racing circuit at Mogyoród, near Budapest, will be held at least until 2026.