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Looking for new solutions of well-known problems
It is interesting to see how the problems experienced two-three decades ago in Western Europe suddenly arrive in the New Member States. It is even more interesting to survey whether the experiences available from the westerners lead to easterners finding...
IKEA to buy chinaware in Hungary
A venerable Hungarian porcelain factory said on September 17 that it has landed an order to make china tableware for Swedish home furnishing retailer IKEA. Zsolnay Porcelanmanufaktura expects to sign a seven-year deal shortly to supply 5 000 tons of...
Poultry processor in crisis
Hungarian poultry company Zalabaromfi has forced its several hundred employees to take temporary leave as the CIB Bank has frozen the companyrsquo;s bank accounts on September 1 thus Zalabaromfi cannot pay either its employees or its suppliers Portfolio Hungary reported...
OTP Bank buys mortgage loans in Russia
Hungaryrsquo;s OTP Bank has wrapped up the purchase of a mortgage loan portfolio in Russia buying 140 mortgage loans and boosting its portfolio by more than USD 20 million.
As of January 1 2008 OTP Bankrsquo;s mortgage portfolio stood at 2.4...
Budapest Airport doubles loss in 2007
Budapest Airport the operator of Hungaryrsquo;s Ferihegy International Airport posted a loss of some HUF five billion in 2007 nearly the double of the 2006 negative result Portfolio Hungary reported on September 4.
The company said the marked deterioration is attributable...
New biogas plant
Hungarian construction company Diosdi Epito Kft is to build a biogas production plant at a cost of nearly HUF one billion for agricultural firm Abonyi Mezogazdasagi Termelo es Szolgaltato Zrt news agencies reported. Diosdi Epito was the only contender in...
Magyar Telekom opens data centre
Magyar Telekom Hungaryrsquo;s leading telecoms group has handed over a new 5 600-square-metre data centre to its wholly-owned subsidiary Dataplex Kft. on August 26 news agencies reported on August 26. The facility which has already been the top player on...
Tax cuts announced
Hungarian Prime Minister Ferenc Gyurcsany has published a package of proposals to deliver HUF 1 000-1 200 billion 4.3-5.1 billion Euro worth of tax reductions in a span of three to four years. The programme apparently a feeble attempt to...
77 mln Euro orders with Italys Ansaldo Energia
Hungariam Dunamenti Zrt part of the major energy investor group Suez-Electrabel which owns the Dunamenti plant in Szazhalombatta Hungary placed an order with the Italian Ansaldo Energia a Finmeccanica company and leader in the supply of components and services for...
Russian billionaire to buy into Dunaferr
A key shareholder of the Russian steel giant Evraz Group billionaire Roman Abramovich announced his intention to buy the Ukrainersquo;s Donbass Corporation Russian media reported. According to analysts such an acquisition would also affect a Donbass subsidiary ISD Dunaferr situated...
Central Bank keeps interest rates on hold
The Hungarian Central Bank left interest rates on hold at 8.5 percent last week. The Banks monetary council took the decision to keep the key rates unchanged for the second consecutivemonth based on the analysts forecasts that a strong national...
Electrolux to step up manufacturing in Hungary
Sweden-based white goods manufacturer Electrolux is planning to boost production at its fridge and freezer plant in Nyiegyhaza eastern Hungary by 10 percent to over 900 000 items per year. As op - posed to the 1 050 staff Electrolux...
AAA Auto signs advisory deal with PwC to enter Russia
AAA Auto Group NV has announced on July 15 that it has sealed
a deal with financial advisor PricewaterhouseCoopers which will
provide to the company necessary assistance to enter the Russian
market media reported. PricewaterhouseCoopers Russia BV is
to help AAA Auto find a...
MOL to launch buyout offer for INA
Hungarian oil and gas company MOL on July 14 said it plans to
launch a public purchase offer for shares in free float of Croatian
peer INA in which it already holds a 25 percent stake media
reported last week. Croatian papers wrote...
Polish govt okays acquisition of Polpharma by Richter
Polands Office of Competition and Consumer Protection
OCCP on July 4 gave its official consent to the acquisition of
Polish generic drugs maker Polpharma by Hungarys leading
pharmaceutical company Richter Gedeon. Righter state its plans
to buy Polish producer last November. The group...
EU gives funds for combined transport
The European Commission has announced its intention to
finance the rolling motorway between the Hungarian town of
Szeged and Wels in Austria. The rolling motorway will transport
heavy goods vehicles and crews by train between Szeged and
Wels. The project will be implemented in...
MOL takes over Ngosso Permit in Cameroon
Hungarian fuels group MOL has announced on July 4 that the
government of Cameroon has approved the acquisition of
Tullow Cameroon Limiteds 40 percent non-operated interest in
the Ngosso Permit offshore Cameroon Portfolio Hungary
reported. MOL signed the sale and purchase agreement with
Tullow Cameroon...
ENER-G to invest at landfill power operations
UK-based sustainable energy technology company ENER-G has
announced that it received three contracts to generate renewable
electricity from landfill gas sites in Hungary the Budapest
Business Journal reported on July 8. The renewable energy
company said it will invest more than GBP 2.6 million...
Germans Russians set up shop in reviving Budapest boulevards
German drugstore chain Schlecker and Russian-owned
Rosinter Restaurants will open their new stores on Margit
korut a boulevard in the reviving retail area of Budapest Eston
International said on July 7. While interest for downtown stores
remains strong Margit korut is generally not among...
Malev needs more money to survive
The ever-tougher market environment and the continuous increase of kerosene prices may force Hungarian airlines Malev to raise its capital within months if it wants to survive. In the meantime the management of AirBridge Zrt the owner of Malev said...
Budapest leaves rates unchanged
Hungarys Central Bank surprised financial markets on June 23 by leaving interest rates unchanged at 8.5 percent with the monetary authorities in Budapest hoping a strong performance by the nations currency will bear down on inflation Deutsche-Press- Agentur reported. Analysts...
Wind farm to be set up in Bekes
After four years of groundwork construction on one of Hungarys largest wind farms will begin in southeast Hungary early next year it was reported on June 23. The projects investor is an Austrian alternative energy holding AE Alternative Energie Holding...
Suzuki Motorpost posts a record output in May
Japanese automaker Suzuki Motor Corp. last week announced a 6.7 percent year-on-year global production increase to 225 273 vehicles in May. The all-time high figure for the month was supported by a quick output increase in Hungary and Japan Portofolio....
POLL-Fidesz lead over Socialists narrows in June
Hungarys main opposition Fideszs poll lead over the governing Socialist party narrowed further in June pollster Tarki announced quoted by MTI last week. Fideszs support fell from 35 percent in May to 32 percent in June among the whole voting...
Malev needs more money to survive
The ever-tougher market environment and the continuous
increase of kerosene prices may force Hungarian airlines Malev
to raise its capital within months if it wants to survive. In the
meantime the management of AirBridge Zrt the owner of
Malev said that the general meeting...
EcoMin to reduce bureaucracy costs
It should be an important goal to reduce the cost of bureaucracy
for businesses by 750-800 billion Hungarian forints Minister of
National Development and Economy Gordon Bajnai said at an
event organised by the Hungarian Association of Industrialists
and Employers MGYOSZ last week. The...
POLL-Fidesz lead over Socialists narrows in June
Hungarys main opposition Fideszs poll lead over the governing Socialist party narrowed further in June pollster Tarki announced quoted by MTI last week. Fideszs support fell from 35 percent in May to 32 percent in June among the whole voting...
Suzuki Motorpost posts a record output in May
Japanese automaker Suzuki Motor Corp. last week announced
a 6.7 percent year-on-year global production increase to 225 273
vehicles in May. The all-time high figure for the month was supported
by a quick output increase in Hungary and Japan Portofolio.
hu reported. It was...
Budapest leaves rates unchanged
Hungarys Central Bank surprised financial markets on June 23 by leaving interest rates unchanged at 8.5 percent with the monetary authorities in Budapest hoping a strong performance by the nations currency will bear down on inflation Deutsche-Press- Agentur reported. Analysts...
Wind farm to be set up in Bekes
After four years of groundwork construction on one of Hungarys
largest wind farms will begin in southeast Hungary early
next year it was reported on June 23. The projects investor is
an Austrian alternative energy holding AE Alternative Energie
Holding GmbH which will spend...
EBRD loans Budapest 75 mln Euro
The European Bank for Reconstruction and Development EBRD decided to grant a 75 million Euro loan to the international consortium Mecsek Autopalya Koncesszios ZRt MAK for the expansion of the motorway network through a private operator media reported on June...
Abramovich to buy Pecs-Pogany airport
The Russian tycoon Boris Abramovich who is the major stakeholder in Hungarian Airlines has held talks with Katalin Szili Speaker of the Parliament on the potential purchase of the Pecs- Pogany Airport in southern Hungary media reported. Abramovich stressed that...
Magyar Telekoms arm pays out all its net profit as dividend
The Montenegrin unit of Hungarys leading telecoms group Magyar Telekom is to pay out nearly its whole net income as dividend the companys General Assembly decided Portfolio Hungary reported on June 30. The General Assembly of Crnogorski Telekom ad Podgorica...
Greek group buys Trade 90 company for 2.74 million Euro
In a bid to expand geographically and enhance its leading position in the consumer sector in Eastern Europe the Greek Sarantis Group signed an agreement for the acquisition of the 100 percent of the capital share of Trade 90 media...
Wizz Air enters Ukrainian market
A Hungarian low-cost airline received final approval to begin operations in Ukraine ending unchallenged control of the former Soviet Republics air-passenger market by high-price domestic carriers. Budapest-headquartered Wizz Air obtained certification to operate an Airbus 320 aircraft on Ukrainian internal...
New EU labour guidelines are rejected
Hungarys Socialist government on June 16 rejected labour guidelines drawn up by the European Unions labour ministers week before last. The new regulations would cause even fewer Hungarians to work even more the Hungarian Minister of Social Affairs and Labour...
Russia-Ukraine dispute to cause shipment disruption to MOL
Following the new round of the dispute between the Russia and Ukraine may cause the disruption of ship of the sulfur diesel to the Hungarian company MOL. The Russian product pipeline company OJSC AK Transnefteproduct notified the Hungarian partners on...
Mondis paper plant pulls the plug on production
The Hungarian unit of Mondi an integrated packaging and business paper producer is to be shut down for good as its last potential buyer cancelled its pending order Gabor Ferencz Chairman of the Szolnok-based company announced on June 13 Portfolio...
Malev posts positive profits for 2007
Hungarys former national carrier Malev reported positive profit in 2007 with pre-tax earnings totaling 703 million Hungarian forint. The company earned additional funds from privatisation. The company management succeeded in reducing material losses to nine billion forints which boosted the...
Public health insurance gets a restructuring plan
Hungarys universal health insurance system will remain a state monopoly under a plan the government is drawing up to restructure the system Mihaly Kokeny a healthcare expert and MP for the governing MSZP told MTI on June 18 a day...
Magyar Telekom gets EIB loan for mobile broadband projects
Hungarys Magyar Telekom has signed an agreement with the European Investment Bank EIB for a large long-term loan. The 50.6 billion Hungarian forint will be used by the group to finance mobile broadband projects among other investments Portfolio Hunngary reported...
Budapest wants to cut excise tax
Hungary has requested the EU to grant permission for cutting
down the excise tax on fuels to a level fixed in the EU five years
ago. We have turned to Brussels for a cut Hungarian
Finance Ministry spokesman Ferenc Pichler said. The cut...
Hungary to increase wages in the public sector by 4% in 2009
The Hungarian government announced its plans to increase wages
in the public sector by at least four percent in 2009. The increasing
public spending will be funded within the framework set by the EU
Convergence Programme. Except of a regular wage increase there
will...
VSE buys into Budapest peer
The Vienna Stock Exchange VSE is to buy a 25 per cent stake
in the Budapest Stock Exchange BSE held by UniCredit
Bank Hungary making it the BSEs largest shareholder both
sides announced on June 12. With the acquisition the Vienna
Stock Exchange increases...
Bosch to move French capacity to Hungary
German technologies group Bosch has recently unveiled a plan
to revamp its braking systems business which will affect five
French production sites. One of these will be moved to Hungary
Portfolio Hungary reported on June 9 citing Les Echos as the
source. The...
Brussels restarts OMV-MOL case
EU competition authorities resumed their investigation into
OMVs potential purchase of MOL on last week as the Austrian
oil company has sent missing data to the EU media reported.
OMV asked the EU to look into whether its proposed takeover
of MOL would violate...
Poland blocks EU agency in Budapest
Only Poland voted against locating the European Institute of
Innovation and Technology EIT in Budapest at a meeting of
EU innovation ministers on June 12 favouring its own candidate
Wroclaw media reported last week. The ministers postponed
the decision to June 18 one day...
MOL buys into CEZ
Hungarian energy producer MOL has announced its intention to purchase two Czech energy companies Iamp;C Energo and Enprospol media repoprted on June 3. Iamp;C Energo is a provider of services in the area of system controls and IT. The company...
AAA Auto incurs 5.3 mln Euro net loss in Q1
Used car dealer AAA Auto incurred net loss of 5.3 million Euro in the first quarter of 2008 more or less in line with market expectations. The groups gross profit came in better than projected by a handful of analysts...
TriGranit runs Romania properties from Immoeast
Hungarys TriGranit one of the biggest construction companies in the region has agreed to take over the operation of three shopping centers in Romania from Austrian property developer Immoeast which owns a 25 percent stake in TriGranit Budapest Business Journal...
New Europe News: The European News Source
New Europe News: The European News Source.
Hungary: 4 Dead, 26 Injured in Train Collision
A local passenger train ran into the back of an long-distance train Monday near Budapest, killing four people and injuring 26
Hungary: 4 dead, 26 hurt in train crash
A local passenger train ran into the back of an long-distance train Monday near Budapest, killing four people and injuring 26.
Oil Holds Near $119 Per Barrel
Oil prices were little changed near $119 a barrel Wednesday ahead of a key government report on U.S. energy stockpiles that could offer further proof of declining demand
Eastern Europe: What's now
Forget lists of "What's Next" in travel. Eastern Europe is "What's Now." While it's catching up to the West -- becoming more modern, expensive and crowded -- Eastern Europe remains a great value. Here's what to expect this year.
Cuba slams Hungary for granting asylum to migrants
Cuba branded Hungary an "imperial accomplice" of Washington on Wednesday for granting political asylum to 29 Cubans who were held at the Guantanamo Bay U.S. naval base.
Hungary braces for more protests
Hungarian police said Wednesday that hard-core football hooligans had hijacked peaceful anti-government protests, but Prime Minister Ferenc Gyurcsany blamed opposition parties for a second night of violence.
Your e-mails: Hungary Riots
Early Tuesday, protesters across Hungary clashed with police and in Budapest stormed the headquarters of state television, responding with violence to a leaked recording that caught the countries prime minister admitting the government "lied morning, evening and night" about the economy.
Hungary police brace for more protests
Hungarian police said that hard-core football hooligans had hijacked peaceful anti-government protests but Prime Minister Ferenc Gyurcsany blamed opposition parties for a second night of clashes between rioters and police, saying they had failed to deliver on a pledge to calm protests.
Hungary: Rioters attack TV station
Protesters seized the headquarters of Hungary's state television network and set fires in and around the building early Tuesday after the country's prime minister admitted lying about the economy "throughout the past one and a half or two years."
Tips on doling out gratuities abroad
The good news on gratuities is that the United States is an anomaly: No other country hands out tips as often or as large as Americans do.
Today's Buzz stories
Thieves in Hungary have stolen some tapes of the BBC's new prime-time series "Robin Hood," stalling completion of some of the 13 episodes, the broadcaster said.
Where the dollar is still king
As the dollar continues its slide against the euro - down almost 6 percent this year to a 1 year low - Americans thinking of traveling abroad might look beyond Paris, Rome or Madrid to destinations where the U.S. dollar remains strong.
Hungary plane crash: 42 dead
Recovery efforts continued Friday at the site of the crash of an AN-24 Slovak military plane, which was carrying 43 passengers when it crashed in the rugged terrain of northern Hungary.
Slovak military plane crashes
An AN-24 military plane believed to be carrying more than 40 Slovak soldiers and crew members has crashed in rugged terrain in northern Hungary.
More snow disrupts European travel
Heavy snow across northern and central areas of Europe continued to cause problems for travelers on Friday with dangerous conditions expected into the weekend.
Get involved: Europe
Send us your tips, words, photos and videos to thescene@cnn.com, or text "SCENE" plus your comments to +44 7786 20 40 60. Remember to include your name and the city/country where you live.
Best investments 2005: Bonds
Junk and foreign bonds beat going long. Risk: High-yield debt is more tied to economic ups and downs.
Powell to Hungary: Stay the course
U.S. Secretary of State Colin Powell thanked Hungary on Tuesday for the "steadfastness" of its commitment to the coalition in Iraq, saying now is not the time to get "weak in the knees" despite continued violence and kidnappings.
European Quest: Your views
For two weeks, Richard Quest and his team are traveling around countries about to join the European Union on May 1. We asked for your views. The following are a selection of your e-mails.
Our European Quest
Our trip started in Hungary, but we flew to the Austrian capital Vienna and drove across the border because it was a lot easier than flying anywhere else.
Hungary at Europe's crossroads
Folk-dancing nights in Budapest are a weekly event for Istvan Pal and his fellow musicians -- a reflection of the Hungarians' strong identification with their distinct language and culture.
Eastern Europe set for travel surge
With 10 more countries about to swell the ranks of the EU come May 1, the one business sector likely to get a boost is the travel industry -- both for leisure and business.
Leading Indicators WHAT'S HAPPENING THIS MONTH, AND WHAT IT MEANS.
BROADBAND Electrifying the Net
Hungarian Rhapsody AN UNEXPECTED ECONOMIC REVIVAL
Four years ago, the Hungarian economy was deep in crisis: Inflation was rampant, unemployment was rising, and trade and government deficits were mounting. Making things even worse was the fact that...
Does It Really Make Any Sense to Invest in Foreign Stocks?
YES, EVEN IN THOSE VOLATILE EMERGING MARKETS
HERE'S A LESS RISKY WAY TO TAP SIZZLING FOREIGN MARKETS
The world's developing markets are suddenly as hot as the midday Brazilian sun. Mexican equities are up 15.6% so far this year (to Feb. 20), double the return for U.S. shares. Other Dow beaters inc...
FUNDS RUSH TO CASH IN ON EASTERN EUROPE'S BOOM
Lured by spectacular gains in markets such as Russia (up 105% in the first eight months of this year), Hungary (86%), Poland (77%) and the Czech Republic (26%), several new mutual funds have sprung...
THREE RISING STARS IN CENTRAL EUROPE
After six years of false starts, hardship, and loud public skepticism, Central Europe's three main economies have emerged from the Russian bear's shadow and look sustainably bullish. The Czech stoc...
PORTFOLIO TALK A VOTE FOR SQUID, BEER, AND BANCO O'HIGGINS AN INTERVIEW WITH GRACE PINEDA Manager of MERRILL LYNCH DEVELOPING CA
Born in the Philippines and living the itinerant childhood of a diplomat's daughter, Grace Pineda became proficient not only in her native Tagalog but also in English, French, Russian, and Spanish....
MAKING REAL DOUGH IN EASTERN EUROPE
AS UNDERGRADS AT HARVARD, ADAM HAVEN-Weiss and Robert Brooker dreamed of starting their own business. But by fall 1992, Haven-Weiss was at Columbia University Law School and Brooker was working at ...
The market that fears no news, what Khrushchev didn't do, Gouldism on the march, and other matters. GETTING IT WRONG
One regrets the recurrent temptation, thus far irresistible around our house, to argue with E.D. Hirsch Jr., professor of English at the University of Virginia. His basic proposition is sound. One ...
EASTERN EUROPE IS ONE HOT MARKET
-- From the Baltic to the Black Sea, Eastern Europeans are loading up on merchandise bearing U.S. brand names like Kodak, Kellogg's, Band-Aids, Rice-a- Roni, SlimFast, and Purina Cat Chow. Warsaw s...
NOW THE NEW NEW EUROPE The drive toward 1992 in Western Europe has converged with the growth of market economies in the old comm
CALL IT the new New Europe. In a breathtaking rendezvous on the eve of 1992, the drive for a unified market has converged with the fall of communism to make Europe a far bigger and more competitive...
GET AN AUSTRO-HUNGARIAN PORTFOLIO ON THE CHEAP
Of all the emerging Eastern bloc nations, none has a brighter future than Hungary. This peppery land of goulash and bauxite has taken to economic freedom with a vengeance. Within the last year or s...
WHO'S WHO IN THE EAST In Eastern Europe, the people to know are both colorful and energetic. ! Want to meet the Clark Gable of f
Business is always personal, but especially so in Eastern Europe, where daunting bureaucracy and changing ground rules can spook even veteran investors from abroad. In such a climate, knowing the r...
NEW LIGHT IN EASTERN EUROPE? Amid the economic chaos that followed the crash of Communism come signs of emerging entrepreneurshi
A NERVOUS SOBRIETY has set in across Eastern Europe. Two years after the Iron Curtain came crashing down, the region's experiments with capitalism might, to some eyes, seem an excellent advertiseme...
POLAND'S GAMBLE BEGINS TO PAY OFF The Poles have achieved remarkable results in the first stages of their rush toward a free-mar
FOR POLAND this may be the most dangerous summer since 1939. While their Soviet neighbors fiddle, the gutsy Poles are switching from Communism to capitalism in one stroke. But their boldness has al...
GLASNOST'S HARVEST: JEANS THAT NEED A SCREWDRIVER, AN ANGEL FOR BORIS, AND MORE
-- The red star and the Cyrillic writing on the back pockets and an accessory in the form of a free screwdriver mark a hot new seller: cotton jeans ($60 and up) from the Soviet Union. The screwdriv...
HOW TO MANAGE IN THE NEW ERA Seizing global opportunities requires exploring more options -- and acting faster -- than ever. Her
Are you up to the challenge? Beware. Leading the vanguard of global investors doesn't necessarily make for restful nights. When Swedish ball-bearing maker SKF plunged into Russia, its dream of prof...
WHO GAINS FROM THE NEW EUROPE Almost everybody does -- and there's opportunity aplenty for deals. The combined GNP of East Germa
WITH THE FALL of the Wall and the lifting of the Curtain, Western managers and investors must rethink their strategies for doing business in Europe in the 1990s. Suddenly the Old World has gained a...
TOWARD A NEW ERA OF POSSIBILITIES
The historic events in East Berlin and Moscow, Warsaw, and Budapest provide the most dramatic evidence yet that the Cold War is over and we have won. Socialism is on the run, and democratic capital...
IRON CURTAIN MBA
Move over, Karl Marx. Hungary's premier university has dropped Das Kapital from its required reading list. And, this month, the reform-minded Magyars are launching the East bloc's first MBA program...
SIGNALS
Bright young comrades will soon be receiving their MBA degrees from Karl Marx University in Budapest. Eager to adopt the West's business acumen, Hungary recently asked the University of Tennessee t...
Hungary's capitalist crusade
The tax man has sneaked behind the Iron Curtain and is emphatically not getting any Red carpet treatment. On January 1, Hungary became the first Soviet bloc country to impose a personal income tax ...
Hot money haven
If Switzerland is no longer a safe home for dubious dough, what is? Believe it or not, the hot new haven is Hungary. In the past year Switzerland has frozen the accounts of deposed despots Ferdinan...
Hungary, Class of '56
A remarkable number of top U.S. executives will mark the 30th anniversary of Hungary's brief revolt against Soviet domination on October 23: They are veterans of the uprising. Within weeks of the 1...
Hungary: News & Videos about Hungary - CNN.com
Find stories, videos, and photos about Hungary from CNN.com.
NATO Agrees to Take Aim at Afghan Drug Trade
 The agreement came after strong pressure from the U.S., which has identified opium trafficking in Afghanistan as a primary target in the battle against the Taliban.
By Beating Australia, U.S. Women Exorcise Some Painful Demons
 With a 9-8 victory over Australia, the American women find themselves one victory away from their first ever gold medal in the sport.
Simmering Anti-Semitism Mars a Vibrant Hungary
 A more conspicuous Jewish culture meets open hatred in Budapest.
Kosovo’s Actions Hearten a Hungarian Enclave
 Romania’s Hungarian minority, known as Szeklers, believe it’s their time for independence and for their proposed semi-autonomous state, Szeklerland.
Lofty Pledge to Cut Emissions Comes With Caveat in Norway
 Critics say Norway’s plan to become “carbon neutral” relies too heavily on sleight-of-hand accounting and donations to foreign environmental projects.
In Blow to Serbia, 3 Neighbors Say They’ll Recognize Kosovo
In a blow to Serbia’s efforts to overturn Kosovo’s month-old declaration of independence, Croatia, Hungary and Bulgaria said they recognized as an independent state.
In Hungary, Roma Get Art Show, Not a Hug
 A recent exhibition of contemporary Romany art in Budapest was the latest nod to Europe’s most despised, and Hungary's largest, minority.
K.G.B.-Trained Hungarian Has NATO Role
Some NATO diplomats indicated that the background of the new Hungarian secret services chief might make member countries less willing to share intelligence with one another.
In Slovakia, Three Are Held in a Uranium Smuggling Case
Two Hungarians and a Ukrainian were arrested Wednesday after trying to sell highly enriched uranium. The quantity was far too small to make a crude warhead.
A Writer Who Always Sees History in the Present Tense
 No writer in Europe today has dealt more eloquently with the obligations and moral conundrums of memory than the Hungarian novelist and essayist Peter Nadas.
Hungarian Extremists Reflect Discontent, and Add to It
Tens of thousands of protesters filled the streets of Budapest on Tuesday to vent their anger at Prime Minister Ferenc Gyurcsany.
CLASHES PRECEDE A HISTORIC DAY FOR HUNGARY; Clashes Precede A Historic Day A Historic Day For Hungary
Photo of Molotov cocktail bursting among police officers in Budapest in anti-government demonstrations one day before anniversary of 1956 Hungarian uprising
Vatican Penance: Forgive Us Our Carbon Output
 A donation from a Hungarian company will help the Vatican become the world’s first carbon-neutral state.
Auto Racing: Hamilton Wins in Hungary
Lewis Hamilton won the Hungarian Grand Prix yesterday in Budapest for his third Formula One victory of the year, extending his lead in the standings in a race in which his McLaren team was hit with a penalty.Hamilton was followed by Kimi Raikkonen of Ferrari and Nick Heidfeld of BMW-Sauber. The defending series champion, Fernando Alonso, was fourth.Hamilton’s team was penalized after it was deemed to have hindered his qualifying efforts. With six races to go, Hamilton leads Alonso, 80-73, in th...
Hungary’s Justice Minister Quits Amid Inquiry on Police Officers
On Saturday, Prime Minister Ferenc Gyurcsany fired the country’s top policemen after officers were accused of crimes including rape and theft.
NYT > Hungary
World news about Hungary, including breaking news and archival articles published in The New York Times.
NATO Joins War On Afghan Opium Trade
"NATO announced Friday in Budapest its troops would from now on target Afghanistan's opium trade directly in an effort to cut off hundreds of millions of dollars of drug money financing the Taliban insurgency."
Stolen Tank in Downtown Budapest
Demonstrators in Budapest stole a tank during a '1956's revolution anniversary parade' to call for the resignation of Hungarian PM Ferenc Gyurcsány. Despite this show-case protest in 2006, by 2008 Gyurcsány still retains power.
"Police Brutality in Hungary"
The film images say it all...don't the police look tough, and don't they act bad. Many independent observers witness police overreacting to protests, the 'system' spreading fear with the aim of stopping legitimate complaints and protests by many innocent and peace loving people in Budapest.
Police Terror in Hungary
A reminder of TV news footage of street riots in 2006. "The situation is the exact same as it was in '56, only now we have the Globalists instead of the Soviet with their puppet government..."
PM Gyurcsány Near To Tears on Live TV
Currently Hungarians are busy talking about their prime minister who just about had a teary breakdown on live TV, as the attached video shows. Ferenc makes this emotional announcement about the resignation of the Hungarian Transport Minister and Railways Board Chairman, they departed following the deadly train crash on Monday, involving a passenger train slamming into an InterCity train, that resulted in four deaths.
Visiting American Speaker Assists Embassy Transparency Initiative
"From September 30 to October 2, the U.S. Embassy welcomed the visit of Steve Kohn, Executive Director of the Washington, D.C.-based National Whistleblower Center.
Hungarian Plane Forced To Land In Iran
"A Hungarian plane that was flying the crew that took control of Kabul airport on October 1 was forced to land in Iran on September 30, it was revealed on Tuesday. Yesterday’s initial Iranian reports said that the plane was a US aircraft.
Smaller Parliament Idea Rejected
"The Socialist, Free Democrat and Democratic Forum parties rejected a Fidesz proposal to reduce the number of MPs from the current 386 to 200 when the issue was debated in Parliament on Tuesday.
Slovakia Won't Accept Any Ultimatum Issued by Budapest
"Slovakia's Government won't accept the ultimatum issued by Budapest, Prime Minister Robert Fico said on Friday commenting on the discussion between Hungarian Foreign Affairs Minister Kinga Goncz and Slovak ambassador to Budapest Juraj Migas the day before threatening undisclosed diplomatic steps if Slovakia doesn't fulfil certain conditions."
NATO Defense Ministers To Meet In Hungary
"A total of 42 defense ministers will attend an informal meeting of NATO to be held here on Oct. 9-10, Hungarian Defense Ministry Spokesman Istvan Bocskai said on Friday."
Thousands March Against Extremism In Budapest
"Some 5,000 Hungarians marched in Budapest Saturday, October 4, against violence and discrimination amid concerns over growing right wing extremism in the country."
Turnout At Rally Lower Than Anticipated
"Some 3-5,000 people took part in the Tarka Magyar demonstration to protest against discrimination and violence on Saturday afternoon. Organisers had anticipated that 100,000 people would turn out.
Slota Criticizes Göncz Again
"Ján Slota, head of Slovakia’s right-wing National Party, again insulted Hungarian Foreign Minister Kinga Göncz at the weekend, at a meeting in East Slovakia.
4 Dead, 26 Hurt In Train Crash
"A local passenger train ran into the back of an long-distance train Monday near Budapest, killing four people and injuring 26."
PM: Orbán Will Lose Again At Next Elections
"Prime Minister Ferenc Gyurcsány told a forum staged on Wednesday by the website atv.hu that Fidesz chairman Viktor Orbán will lose again at the next parliamentary elections, just as he did in 2006, as he was wrong then and “is still playing the same old record.”
Hungarian-Slovak Relations Turning Sour
"Hungarian-Slovak high-level diplomatic moves indicated a souring of bilateral relations on Thursday.
Turkish Parliament Speaker Toptan Travels To Hungary
"Turkish Parliament Speaker Koksal Toptan left for Hungary on Thursday upon an invitation from Speaker of the National Assembly of Hungary Katalin Szili to attend promotion meeting of European Capital of Culture for 2010."
More Profound Change Needed - Orbán
“Many of us have the feeling that a big change is needed, and not just a parliamentary election.” Fidesz chairman Viktor Orbán said in an interview posted on his videoblog on Tuesday. “This will not only result in a change in the composition of the cabinet, coalition or Parliament but a profound, more basic change of cleansing power,” he added.
MDF Campaign: A CD, But No Manifestos?
"People are describing the MDF bugging affair as the biggest scandal in Hungary since the regime change, and there have been calls for a parliamentary commission of inquiry to be established to investigate the affair.
Amnesty Urges Politicians To Avoid Demo
"Amnesty International yesterday advised politicians to stay away from Saturday’s demonstration against violence and exclusion entitled Tarka Magyar (Diverse Hungarian). The presence of any politicians would result in this civil initiative becoming involved with political goals, the human rights body explained.
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Christmas Strikes To Cause Airline 'Chaos'
"Recent research revealed the top shopping destinations over Christmas to be New York, Berlin, Cologne and Budapest."
Hungary Soon Part Of Visa Waiver Program With U.S.
"Hungary will soon become part of the Visa Waiver Program (VWP) with the U.S., meaning Hungarian tourists will be able to visit America without a visa."
Cabinet Okays Accord For Visa Waiver
"The cabinet on Wednesday approved the last agreement necessary for the US visa-waiving programme and gave the authorisation for signing the document, Foreign Ministry state secretary Márta Fekszi Horváth told reporters.
Ferihegy Watch Out! Airport Construction To Begin Near Budapest
"Hungarian authorities have issued the final permit for the construction of a new airport 60 kilometres of Budapest, near Székesfehérvár. Alba Airport could be a viable alternative to the capital city's Ferihegy International Aiport. The builders expect total costs to be around HUF 20-25 billion (EUR 83-104 m).
Online Check-In And Online Ticket Modification
"From 18 September Malév offers its customers two new Internet services: online check-in and online booking modification. Following a two-week test period the new services are open for general use on the Malév website.
A “New Shanghai" Is In The Making In Szombathely
"Hungary's new airport at Szombathely, which is to be up and running in four years, would handle 170,000 tonnes of goods and 250,000 passengers a year and could easily become the European stronghold of Shanghai.
Bridge Between The Regions Of Europe
"The Malév winter timetable has been finalized and published in the reservations systems. In line with earlier decisions, the airline is focusing its resources on Europe, placing emphasis on providing reliable connections between the continent’s regions fine-tuned to meet travel demands.
Malév Check-In Closure Switched Back To 20 Min Before Departure
"To provide its customers with the greatest possible convenience, Malév is returning to its former practice and once again shutting down check-in just 20 minutes before the scheduled departure of flights.
Restructuring Finance Reaches Malév
"Agreements drawn up between Vnyeseconombank (VEB) and AirBridge, as well as between AirBridge and Malév, on the financing of the restructuring of the Hungarian national carrier were signed last week, on 4 September. As a result, the airline receives access to a financial resource totalling €30 million.
Landmark Steel Structure Built At Budapest Airport
"Budapest Airport will install the new baggage sorting facility and a transfer corridor into operation in November.
Skytrax Award For Malév Flight Attendants
"Air travellers consider Malév cabin staff the best among the airlines of Eastern Europe, according to the latest annual Skytrax survey of carriers.
'Rally Heads Off The Beaten Track' by Ágnes Vinkovits
"Bored with the fully-planned, predictable package tours? Tried of the long, if convenient, driving on highways? Brave souls with courage and a car to match will attend the "Caucasian Rally" to travel untracked roads through various countries, including some war zones."
Fewer Foreign Visitors Spend More Money In Hungary
"Hungary had nearly 17 million foreign visitors in the first half of 2008, 2% less than in H1 2007, the Central Statistics Office (KSH) reports. The total length of stay of foreign visitors was nearly 40 million days in the first six months, 8.6% less than in the same period last year.
Top Ten Up-And-Coming Holiday Destinations
"Holidaymakers and backpackers are always on the lookout for the latest hot destinations. We bring you the inside tips for up-and-coming travel destinations, thanks to analysis from Hostelworld."
World Champion Malév Pilot
"György Gulyás, Malév first officer on B737s, has been declared world champion at the 30th World Gliding Championships organized in Lüsse, Germany.
Aeroflot Expands Presence At Budapest Ferihegy Airport
"Aeroflot Russian Airlines has decided to noticeably expand its presence at Budapest’s Ferihegy Airport, by increasing frequency on the route connecting the Hungarian capital to Moscow."
Malév Proud Of Its Traditions
"A long-term cooperation arrangement has been concluded between Malév Hungarian Airlines and the Goldtimer Foundation, operator of the world’s only airworthy Lisunov Li-2 veteran plane.
Travel Deals: Danube River Discount, Cruise Credits And More
"Danube River deal. Save $2,000 per couple on a last-minute deal with Cross-Culture Journeys. The 14-night Sept. 16 Danube River Discovery Cruise from Budapest to Amsterdam has a limited number of staterooms available from $3,395 to $5,395 per person, based on double occupancy. (Original prices, $4,395-$6,395.)"
Emirates Plane Makes Forced Landing At Budapest Airport
"A United Arab Emirates Airline Boeing 777-300 made an emergency landing after midnight Wednesday at Budapest's international airport after smoke was detected in the cockpit, local media reported."
Take A Swing And Swig In Hungary
"Golf and wine lovers can now combine their two passions with a golf and wine week in Hungary that includes three days golf at three courses close to Budapest, and two nights in Hungary’s most famous wine regions, Tokaj and Eger."
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