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24th November, 2017
MNB OKs first “home lottery” request
The central bank has approved the application of Central NOK Szervező to organise the first national home purchasing community, with 180 members, after it had received a license in the spring. NOK is the first to launch the scheme dubbed by the media as “home lottery”.
24th November, 2017
Nearly Ft 5bn spent on gov’t propaganda
Nearly Ft 5 billion of taxpayers’ money was spent on government propaganda in the third quarter of 2017, HirTV said on Thursday, citing Cabinet Office advertisement costs data obtained by Átlátszó.
23rd November, 2017
Ministry to cut railway e-ticket prices
Online train ticket purchases will become cheaper from December 10 to make them more attractive, the Development Ministry announced on Wednesday.
23rd November, 2017
Migrants caught in van
Police found 28 illegal migrants in a van in Baranya county Tuesday night.
23rd November, 2017
Food writer Angéla F. Nagy dies at 90
Food writer Angéla F. Nagy died on Wednesday. She was 90 years old.
22nd November, 2017
500th heart transplant performed
The 500th heart transplant operation has been performed in Hungary, at the Semmelweis University, saving the life of a 24-year-old man who had been in the final stage of his life due to heart dysfunction.
22nd November, 2017
Two Index journalists banned from Parliament
Two staff members of Index, Ferenc Bakró-Nagy and Tamás Fábián, were banned from Parliament and its office building until the end of the autumn session on Tuesday as they had repeatedly violated regulations, Parliament’s press chief Szilágyi Zoltán told Index.
22nd November, 2017
MÁV stops printing timetable
State railway company MÁV will not print timetable books from 2018, the company announced on Tuesday. The PDF version of the printed timetable remains downloadable.
21st November, 2017
DK launches phone campaign
The Democratic Coalition (DK) has launched a telephone campaign to draw attention to its signature collecting drive.
21st November, 2017
Wizz Air to add five new London routes
Low-cost airline Wizz Air announced it will expand from its base in London’s Luton Airport with five new routes and add four Airbus A320 aircraft to its fleet at the airport by June.
21st November, 2017
EC inspectors arrive to probe spending
European Commission inspectors arrived in Budapest on Monday to check Hungary’s use of EU funds.
20th November, 2017
Life1 fitness takes over rival
Life1 fitness, which has three gyms, has taken over the operation of Gilda Max, which has six fitness clubs, Portfolio learnt.
20th November, 2017
Record high Black Friday sales seen
Hungarian online retailers are bracing for record daily turnover in Black Friday sales this year, according to the retail association OKSZ.
17th November, 2017
GVH fines Extreme Digital
The competition authority GVH has fined Extreme Digital Ft 20 million because the electronic home-appliance distributor violated fair competition regulations in its 2015 Black Friday campaign.
17th November, 2017
OTP closes far-right bank account
OTP bank has closed the account of far-right movement Strength and Commitment (Erő és Elszántság) lead by Zsolt Tyirityán, the bank told the weekly Magyar Narancs.
17th November, 2017
Legendary radio host dies
Legendary Radio Free Europe host and editor László Cseke died on Monday, it was announced on Thursday. He was 90.
16th November, 2017
Mészáros acquires new radio station
Felcsút mayor Lőrinc Mészáros has acquired Gong Rádió, the most popular local radio station in Kecskemét, news website 24 learnt on Wednesday.
16th November, 2017
Home price gap hinders mobility
In some parts of Budapest the average home price rose by 84% over the last five years while the increase was 50% in Győr-Moson-Sopron county; in poorer regions, however, homes remain inexpensive, Népszava said on Wednesday.
16th November, 2017
NAV cracks down on online business
Financial investigators from the National Tax and Customs Office on Tuesday raided the operators of web store Mall.hu in hundreds of locations, impounding Ft 1.5 billion worth of assets.
15th November, 2017
Szijjártó summons Kostelancik
Foreign Affairs and Trade Minister Péter Szijjártó summoned U.S. chargé d’affaires David J. Kostelancik after the US State Department expressed its intention to support independent local media outside Budapest, RTL Klub has learnt.
15th November, 2017
Mall.hu services suspended after NAV raid
The tax authority NAV raided the offices of online store Mall.hu on Tuesday after launching an investigation into a suspected Ft 4.5 billion in tax fraud.
15th November, 2017
Medicine donated to Iraqi Christian hospital
The Hungary Helps project launched by the Hungarian cabinet intends to assist the everyday lives of Middle East Christians who find themselves in a helpless situation, Híradó website writes.
14th November, 2017
HBO expands in the region with online streaming
HBO announced the launch of streaming services in four Central and Eastern European countries, including Hungary.
14th November, 2017
Harassment a common phenomenon
Two-thirds of women and half of men have been harassed in some way, according to a poll conducted by Závecz Research which was commissioned by Index. This data shows that harassment is a common phenomenon in Hungary, website 24 argues.
13th November, 2017
Government wishes to host MotoGP
The government will organise talks with Hungaroring Sport to make joint preparations to host future MotoGP races, according to a government decree published in the official gazette Magyar Közlöny, Portfolio reported yesterday.
13th November, 2017
Over 1 million people see Hungarian films
More than one million people have seen Hungarian films this year and this has not occurred since 2008, Origo said.
13th November, 2017
Hungarian hostage returns home safe
The Hungarian citizen kidnapped by Nigerian pirates on October 21 was freed and returned to Budapest accompanied by staff members of the Counter-Terrorism Centre TEK on Saturday, the TEK announced.
10th November, 2017
Company convicted of fraud receives state funds
Gynaecologist Attila Vereczkey, who was fined last year for fraud and forgery of documents, received Ft 130 million in state funds, 444 reported on Thursday.
10th November, 2017
Tram No. 1 to be extended
Tram No. 1 line will be extended as far as Etele tér in the framework of Budapest’s tram development plans, a statement issued by the Budapest city council said on Thursday.
9th November, 2017
UPC speeds up connection
UPC is increasing the download speed of its 120,000 clients to 120Mbps, the cable company announced on Wednesday.
9th November, 2017
Guard who injured Ligetvédő activist punished
A judge has sentenced a security guard who injured a Ligetvédő activist in June last year to 250 hours of community work, the Capital Prosecutor General’s Office said in a statement relayed to ATV on Wednesday.
9th November, 2017
Elephant baby born at Budapest Zoo
The second baby for elephant Angele was born at the Budapest Zoo early Wednesday morning. Both the mother and the baby are in good health but for the moment only caretakers and veterinarians may see them.
8th November, 2017
ELTE dean dismissed
György Mikonya, dean at the Nursery and Teacher Training Faculty of Eötvös Loránd University, has been dismissed from his post, website 24 learnt on Tuesday.
8th November, 2017
Wine Treasury programme launched
The government has launched its Wine Treasury programme, Agricultural Minister Sándor Fazekas announced in Tolcsva, Borsod-Abaúj-Zemplén county on Tuesday.
8th November, 2017
Gov’t expands clemency period for evictions
Parliament recently modified the law on evictions, expanding the winter ban on evictions of December to February to November 15 to April 30, president of the court-appointed receiver association György Schadl told Magyar Idők.
7th November, 2017
MNB evaluates digital currency usage
Central banks across the world are evaluating their options about whether to issue digital currencies, MNB director Lajos Bartha said at a conference on the topic.
7th November, 2017
Debrecen Airport braces for strong year
Debrecen Airport registered 27,110 passengers last month, a largest-ever figure for the month of October, representing a 44% annual increase.
7th November, 2017
Budapest dodges traffic chaos
Budapest Monday morning escaped traffic chaos on the first day of the upgrade of the M3 line, news websites reported yesterday.
6th November, 2017
Hungary asks EU to raise VAT ceiling
Hungary is asking for the European Union’s approval to raise the VAT turnover threshold for small businesses, Economy Minister Mihály Varga told the state news channel M1. Currently companies reporting less than Ft 8 million are exempt from VAT registration, which the government wants to increase to Ft 12 million from January 1, 2019.
6th November, 2017
Circus auctions off elephant’s paintings
The Richter Flórián Circus on Saturday auctioned off in Budapest canvasses painted by elephants in a bid to help injured Malaysian elephants. The paintings fetched Ft 360,000.
3rd November, 2017
Wizz Air flies to Agadir, Morocco
Low-cost airline Wizz Air has launched flights between Budapest and Agadir, Morocco.
3rd November, 2017
Nébih finds foul food in Hotel Silver
Food safety authority Nébih found 150kg of food that has expired or was of unknown origin in the restaurant of four-star Hotel Silver in Hajdúszoboszló, Hajdú-Bihar county.
2nd November, 2017
Áder sends condolences to Trump
President János Áder on Wednesday sent his condolences to US President Donald Trump over the New York act of terror, in which eight people died on Tuesday.
2nd November, 2017
MOL sponsors ice hockey team
MOL has announced that it will sponsor the ice hockey team Fehérvár AV19.
31st October, 2017
Patient waits 18 hours at ER
A patient had to wait 18 hours at the emergency ward of Budapest’s Jahn Ferenc hospital, RTL Klub reported on Monday.
31st October, 2017
Most Hungarians favour euthanasia, abortion
Some 71% of Hungarians support euthanasia, according to a poll conducted by Závecz Research in co-operation with Index website.
30th October, 2017
Entire Seuso treasure on display
An exhibition of the entire Seuso treasure trove has opened at the Szent István Király Museum in Székesfehérvár, the first stop of a travelling exhibition to the Hungarian countryside.
30th October, 2017
Main railway stations to be renovated
The government has decided to renovate two main Budapest railway stations – Keleti and Nyugati – at a cost of Ft 2 billion each, the Development Ministry announced on Friday.
27th October, 2017
Winter time ahead this weekend
Clocks will have to be turned back one hour from 3 a.m. to 2 a.m. on Sunday morning, October 29 as winter time begins.
27th October, 2017
PMO second largest advertiser
The Prime Minister’s Office was the second largest advertiser in Hungary last year after Magyar Telekom, according to the annual report of independent communication agency weCAN, advertising news magazine Kreatív reported.
27th October, 2017
December 24 holiday voted down
Parliament’s enterprise development committee on Thursday voted down a bill submitted by Dialogue politician Tímea Szabó in consultation with the Hungarian Trade Union Alliance, on declaring December 24 as a holiday.
26th October, 2017
Echo TV reporters banned from House
Three reporters from Echo TV have been banned from Parliament and its office building, Parliament’s press office announced on Wednesday.
26th October, 2017
Budapest expands pay parking
City council expanded the zones in which drivers must pay to park on streets, as it modified regulations in Budapest yesterday.
26th October, 2017
Eighth District to build swimming pool
Budapest’s Eighth District plans to build a swimming pool on the site of the former Józsefvárosi railway station, mayor Máté Kocsis said at the latest local council meeting.
25th October, 2017
Free flu vaccines made available
Free anti-flu vaccines have been delivered to family doctors, and a total of 1.3 million dosages are available free of charge, health state secretary Zoltán Ónodi-Szűcs told state news agency MTI on Tuesday.
25th October, 2017
EU upholds wage differences for haulers
The Hungarian delegation has successfully protected haulers at a Tuesday meeting of EU labour ministers in Luxembourg, PMO state secretary Szabolcs Takács said on Tuesday.
24th October, 2017
Danubius to overhaul island hotels
Hungarian spa hotel chain Danubius has announced plans to spend Ft 1 billion on renovating its two hotels on Margaret Island.
24th October, 2017
Downtown rip-off bar raided
Fifth District police and other law enforcement agents raided a downtown nightclub Thursday night after they were tipped off that staff had grossly overcharged customers on numerous occasions.
24th October, 2017
Car insurance fees set to rise
Car owners can expect a slight increase in compulsory vehicle insurance fees when insurers announce their new rates on November 2, according to industry observers.
20th October, 2017
MTelekom, Ericsson test ultra fast 5G technology
Mobile operator Magyar Telekom and network developer Ericsson staged the first presentation of 5G technology at the Swedish company’s R&D network in Budapest.
20th October, 2017
Opera unions call for strike
Three trade unions have called for a strike at the Hungarian State Opera for October 28, when Huguenots is scheduled to have its premier, due to the absence of a collective agreement. The strike would be held from 5.30 p.m. to 10 p.m.
20th October, 2017
Kövér opens exhibition in Moscow
This year more than 600,000 tourists will visit Parliament and those requiring guided Russian tours will in all certainty exceed 20,000, Speaker László Kövér said when he opened an exhibition on the Hungarian Parliament in Moscow’s Susev Architectural History Museum on Thursday.
19th October, 2017
Scientology headquarters searched
Law enforcement authorities conducted a search at the Budapest headquarters of the Church of Scientology on Wednesday, the National Police reported, confirming information provided by an Index reader.
19th October, 2017
Generation Z prefers social media
Generation Z, persons who fall between the ages of 14-25, use social media one to two hours a day in Hungary, according to a survey conducted by opinion pollster Medián.
18th October, 2017
KEHI investigates PMO land sale
Through a direct order of Prime Minister’s Office leader János Lázár the government monitoring office KEHI launched an investigation into the sale of a piece of land by the PMO in Budapest’s 11th District near Lake Feneketlen, weekly Heti Válasz learnt.
18th October, 2017
Matolcsy’s son heads New Wave Media
Ádám Matolcsy, son of MNB governor György Matolcsy, became the CEO of New Wave Media Group on October 1, according to the official company gazette Cégközlöny.
18th October, 2017
Penny Market opens logistics centre
Penny Market opened its third Hungarian logistics centre in Veszprém on Tuesday, in addition to the ones in Alsónémedi and Karcag, the discount chain announced.
17th October, 2017
Journalist beaten at KFC
Index journalist Zoltán Szabó reported on Monday that he had been beaten by the security guard of KFC fast food restaurant on Király utca in the Seventh District in Budapest Sunday evening.
17th October, 2017
Spéder sells news station InfoRádió
The company owned by the CEO of InfoRádió, Márton Módos, has taken 100% ownership in the news radio InfoRádió from CEMP-X Online, owned by Zoltán Spéder, it was announced yesterday.
16th October, 2017
Tesco wage agreement reached
After multiple rounds of negotiations UK-based hypermarket chain Tesco accepted unions’ demand on wages and an increase in staff, it was announced on Friday.
16th October, 2017
Passenger traffic hits new record
Liszt Ferenc International airport posted its best September ever with a passenger traffic figure of 1,247,352, Budapest Airport announced.
13th October, 2017
Fighter jets alerted due to bomb threat
Hungarian Gripen fighter jets were alerted by a NATO air command centre in Italy at around 11.30 a.m. Thursday because of a bomb threat affecting a passenger plane flying over Hungary en route from Canada to Dubai, the Defence Ministry announced.
13th October, 2017
Déli station also to be a sports centre
The government plans to build a sports centre on the area around Déli train station in Budapest, as revealed by an invitation for architectural designs, Magyar Hírlap reports.
13th October, 2017
Origo film section staff resign
The entire staff of Origo’s Filmklub has resigned following publication of a political article on the website’s film section without their knowledge.
12th October, 2017
Erste unveils paperless branches
Erste bank will open new forms of branches suitable for the digital era, deputy CEO László Harmati announced on Wednesday.
12th October, 2017
Gov’t looks to attract Ukrainian labour
The government spent Ft 180 million last year on a campaign in Ukraine to attract skilled labour to Hungary in professions where there is a domestic shortage of supply, according to the 2016 budget settlement act.
12th October, 2017
ECHR finds state failed to punish torture
The European Court of Human Rights in Strasbourg ruled yesterday that the state violated the rights of Péter Attila Tarjáni by failing to adequately investigate his allegations of torture by police.
11th October, 2017
Videoton stadium more expensive
The construction of the Sóstó Stadium in Székesfehérvár, home to the Videoton sport club, will cost Ft 900 million more than previously planned, the city announced in the public procurement gazette Közbeszerzési Értesítő.
11th October, 2017
Conductor elected to lead art academy
Conductor György Vashegyi was elected the new president of the conservative Hungarian Art Academy (MMA) at its general meeting in the Pesti Vigadó on Tuesday.
10th October, 2017
National Bank salaries soar
Salary expenses of the MNB monetary council have risen seven-fold in five years, website 24 reports, citing MNB data.
10th October, 2017
Last Golden Team player passes away
Football player József Tóth, the last surviving member of Hungary’s 1950s Golden Team, died on Monday at the age of 88, the Hungarian Football Association announced.
6th October, 2017
Workers still afraid of dismissals
Despite improving unemployment statistics, employees are still afraid of losing their jobs, a survey by research company GKI revealed.
6th October, 2017
Aréna Plaza buys adjacent land
NEPI Rockcastle, the new owner of Budapest shopping mall Aréna Plaza, has bought 21,788m2 of land next to the mall for €2.5 million, the seller Plaza Centers announced on Thursday.
5th October, 2017
Village mayor ready to admit refugees
Mayor László Bogdán of the village of Cserdi has offered to take in the refugees who were turned away from the town of Őcsény last week.
5th October, 2017
Expansion of Budapest zoo begins
The foundation stone of Pannon Park, the new, Ft 43.7 billion extension of the Budapest Zoo, was laid on Tuesday.
5th October, 2017
EC steps up pressure over CEU law
The European Commission on Wednesday said in a statement that it expects changes in the CEU law within two weeks.
4th October, 2017
Party district referendum ahead
The Seventh District council voted yesterday to stage a local referendum on restricting the opening hours of restaurants, bars and cafés in the area known as the Party District.
4th October, 2017
Cluj-Napoca express railway confirmed
An express railway line will be built between Budapest and Cluj-Napoca as part of Hungarian-Romanian co-operation, Foreign Affairs and Trade Minister Péter Szijjártó confirmed at the Hungarian Railway 2017 conference on Tuesday, repeating his statement made in Cluj-Napoca on Monday.
4th October, 2017
More P&R spaces on Örs vezér tere
A new car park has been added to the park and ride (P&R) facility on Örs vezér tere in Budapest’s 10th District, the local mayor’s office announced on Tuesday.
3rd October, 2017
Buildings evacuated due to bomb
Hundreds of people had to temporarily leave their homes yesterday because of a World War II bomb found in Budapest’s First District.
2nd October, 2017
Jobbik starts re-pasting billboards
Jobbik has started to re-paste its anti-Fidesz ads on its billboards in Eger, after government personnel removed them on Friday under police escort.
2nd October, 2017
Hundreds protest against mobile dam
Hundreds of people held a demonstration against the mobile dam planned for the Római-part resort area in Budapest’s Third District on Sunday afternoon.
2nd October, 2017
Iraqi people-smuggler extradited
A 33-year-old Iraqi has been taken into custody as he is suspected of helping five fellow Iraqis to illegally enter Hungary, Szabolcs county police announced on Friday.
29th September, 2017
New yellow line underground station planned
The City Park renewal project in Budapest will also include the modernisation of public transport in the area, state project company Liget said on Wednesday.
29th September, 2017
MNB mints memorial coins
The MNB will be creating memorial coins for the 650th anniversary of the foundation of the university of Pécs, the central bank announced on Wednesday.
28th September, 2017
City council to sell Bálna building
Budapest city council on Wednesday voted with 20 affirmative votes against nine dissensions and one abstention to sell the Bálna Budapest Commercial and Cultural Centre through an open tender.
28th September, 2017
UniCredit to halt services for two hours
Due to maintenance and technology updates, the services of UniCredit bank will halt for two hours on Friday between 8:00-10:00 p.m., the bank announced on Wednesday.
28th September, 2017
Electronic prescriptions from November
Electronic prescriptions will be introduced on November 1, the state health care supply centre ÁEEK announced on Wednesday.
27th September, 2017
Zala office takes the law into its own hands
The government office has begun to take down Jobbik’s billboard messages in Zalaegerszeg, Jobbik politician György Szilágyi announced at an unscheduled press briefing on Tuesday.
27th September, 2017
Tesla plans supercharger in Nagykanizsa
Tesla is planning to open its first supercharger station for its electric cars in Győr at the end of 2017, Portfolio recalls.
27th September, 2017
Night of researchers ahead
A record number of over 2,600 free events await the public at 186 venues in 50 cities on Friday September 29 for the Researchers Night, organisers told a press conference on Tuesday.
26th September, 2017
MOL share split effective from Tuesday
As a result of an AGM decision approving an 8 for 1 stock split, the first trading in MOL shares with a face value of Ft 125 will begin today.
26th September, 2017
AI: Hungary, Poland among the worst offenders
Neither Poland nor Hungary has admitted any asylum-seekers, Júlia Iván, director of Amnesty International Hungary told Klubrádió on Monday. She recalled that on Tuesday, September 26 the two-year period for the transfer of asylum-seekers from Greece and Italy will draw to a close.
26th September, 2017
Erste target of phishing scheme
Erste Bank has warned clients about phishing attackers who have sent e-mails or short text messages that direct clients to fake websites and request data to access their accounts.
25th September, 2017
MOL encourages new start-ups to bid
MOL is helping start-up companies that have pilot products, allowing them to sell these products in the retail network of MOL, the energy company announced on Sunday.
25th September, 2017
Students to produce graffiti for MÁV
The railway underpasses at Kőbánya felső and Hűvösvölgy in Budapest along with Monor and Füzesabony will be painted by students aged 10-16, the state railway company MÁV announced.
22nd September, 2017
News site suggests MNB Jamaica trips dubious
Staff members of the National Bank travelled to Jamaica four times over the course of three months, website 24 reported on Thursday based on bank data requested by Together executive committee member Judit Spaet.
22nd September, 2017
Popular Hungarian cat to form a party
Hungary’s most popular cat, Erzsi, has announced on Facebook that she is launching a campaign to establish a party. Erzsi has expressed her opinion about a number of current political affairs and earlier promised her followers that if she got 2,000 likes she would enter party politics.
21st September, 2017
New viaduct to be built in Veszprém
Roads No. 8 and 82 will be joined in Veszprém, and the construction of a new viaduct is part of the project, Fidesz mayor of the town Gyula Porga announced on Wednesday.
21st September, 2017
Construction companies often ignore labour safety
The labour authority carried out inspections at 1,218 construction companies in June and July. Irregularities or illegal practices were found among 1,127 companies or 92.5% of the total.
20th September, 2017
Student loan becomes interest free
The government abolished interest payments on the so-called student loan No 2, the tuition fee student loan, state secretary of the Human Resources Ministry Katalin Novák announced on Tuesday. This also effects the loans which had already been taken up, she added.
20th September, 2017
Ryanair cancels Budapest flights
According to low-cost airline Ryanair’s announced flight cancellations, flights number 3717 and 3718 between Budapest and Stansted, London on Wednesdays are being cancelled, Index learnt.
20th September, 2017
New Wave Media acquires Evomedia
New Wave Media has acquired Evomedia, creating the largest online media advertising agency in Hungary, the two media companies announced.
19th September, 2017
Low voter turnout could lead to supermajority
Fidesz could obtain a two-thirds majority in next year’s parliamentary elections if the turnout is low, political scientist Béla Galló told the state-run M1 current affairs channel on Monday.
19th September, 2017
MNB foundation sets up publishing company
Pallas Athéné, the foundation run by the National Bank, has set up a publishing company to issue textbooks, books, and magazines, it was announced on Monday.
19th September, 2017
Aldi to enter travel agency business
Discount German grocery chain Aldi is launching a travel website in Hungary through a partnership with Central Europe’s largest travel agency, Eurotours International, head of Aldi’s Hungarian operations Bernard Haide announced on Monday.
15th September, 2017
Momentum thrown out of café
Local Momentum party officials were asked to leave a Veszprém café when they held a press conference there without prior permission, pro-Fidesz website Pesti Srácok reports.
15th September, 2017
WHO: Hungary spends little on health
The World Health Organisation recommends that countries not allow their citizens to cover more than 15% of total health care costs from private funds, Regional Director for Europe Zsuzsa Jakab told the group’s conference in Budapest yesterday.
14th September, 2017
Makovecz structure to be auctioned off
The Hungarian pavilion at the 1992 World Expo in Seville, a work by Hungary’s famous architect Imre Makovecz, will be offered for sale at auction for €3 million.
14th September, 2017
Jamie’s Pizzeria chain coming
Three outlets of the Jamie’s pizzeria chain, founded by English celebrity chef Jamie Oliver, will open in Budapest this year, it was announced on Wednesday.
14th September, 2017
EU commissioner Jourová to visit
EU Justice Commissioner Vera Jourová will visit Hungary later this year as part of infringement proceedings launched against Hungary in 2016 regarding desegregation in schools and an unjustified mass declaration of Roma children as disabled.
13th September, 2017
No air quality monitors in Budapest
The 12 air pollution monitoring stations in Budapest have been unable to provide data since August 18, the environmental NGO Levegő Munkacsoport warned on its website.
13th September, 2017
LaciKonyha restaurant to close
Budapest’s LaciKonyha restaurant will close on September 22 after six years, the renowned 13th District eatery announced on its Facebook page.
13th September, 2017
Home prices rising faster than wages
The average price of a 75m2 home in Hungary was slightly above Ft 20 million in the second quarter, property agency Otthon Térkép calculates.
12th September, 2017
Renovation of Chain Bridge delayed
Renovation of the Chain Bridge and the tunnel under Buda Castle will begin next year, not in November as previously planned, city hall announced on Monday.
12th September, 2017
Nine Hungarians stranded in Caribbean
Nine Hungarians trapped on the island of St. Martin by the devastation of Hurricane Irma have requested help either directly or via their family members from the Hungarian government, Foreign Minister Péter Szijjártó announced on Monday.
11th September, 2017
Ukrainian ambassador summoned to ministry
Foreign Minister Péter Szijjártó has summoned the Ukrainian ambassador to the ministry for Monday as he personally wants to inform him that he considers the new Ukrainian education bill “shameful and hideous,” ministry spokesman Tamás Menczer announced on Sunday.
11th September, 2017
Strike closes several Tesco stores
Tesco workers across Hungary went on strike from 4 p.m. to midnight on Friday and from 10 a.m. to midnight on Saturday.
8th September, 2017
OTP offers NFC for all clients
OTP has opened its near-field communication (NFC) technology mobile phone payment system to all clients who have an account with the bank.
8th September, 2017
MOL announces share split schedule
The company registry has approved a one to eight split of MOL shares, it was announced on the Budapest Stock Exchange website.
7th September, 2017
Csányi tops Forbes business ranking
The agribusiness empire of OTP bank CEO Sándor Csányi tops the list of the biggest family-owned businesses compiled by Forbes magazine.
7th September, 2017
Ft 18bn for shooting ranges
The cabinet plans to spend Ft 17.5 billion on the first phase of a plan to set up new shooting ranges in Hungary, according to official gazette Magyar Közlöny.
6th September, 2017
On Body and Soul is Oscar hopeful
The Oscar Prize nominating committee decided on Tuesday to put forward Ildikó Enyedi’s On Body and Soul to represent Hungary in the best foreign-language film category for 2017, the Film Fund announced.
6th September, 2017
Kúria bans arbitrary use of handcuffs
Law enforcement officers may not use handcuffs if a detainee co-operates and shows no sign of wanting to flee or put up resistance, the Kúria has ruled, overturning a decision by the Public Administration and Labour Court.
5th September, 2017
DK: Orbán could set Budapest on fire
If street riots break out in Budapest in the autumn, only Fidesz can make them erupt, Democratic Coalition spokesman Zsolt Gréczy told reporters on Monday.
5th September, 2017
Free open-air show outside Opera
The Sixth District, the Hungarian Artists Federation and the Hungarian State Opera will stage a free season-opening street performance on September 9.
5th September, 2017
Over 800 migrants caught this year
Authorities have captured 806 migrants who entered Hungary illegally so far this year, deputy National Police chief Zsolt Halmosi told Parliament’s national defence and law enforcement committee on Monday.
4th September, 2017
EU refuses to pay for border fence
The European Commission firmly rejected the Hungarian government’s request for Ft 135 billion, to cover half the costs of building fences on its southern borders.
4th September, 2017
Nationwide Tesco strike possible
The retail workers unions KDFSZ and KASZ are contemplating a nationwide work stoppage at Tesco stores in the third or fourth weekend of September, Magyar Idők reports.
1st September, 2017
Orbán family has Ft 30mn mini-copter
The inventory necessary for the division into two companies of Gánt Kő & Tőzeg, owned by the father, mother and younger brother of Prime Minister Viktor Orbán, shows that they own a mini-helicopter that does not easily fit into the profile of the company, Magyar Nemzet reports.
1st September, 2017
Rubik’s Cube maker sues US rival
Rubik’s Brand, the UK-based manufacturer of Rubik’s Cube, has accused US-based Duncan Toys and retailer Toys “R” Us for selling knock-offs of the original puzzle.
31st August, 2017
Hungary scores well in location survey
Hungary has been ranked fifth in terms of the average value of investment projects in terms of job creation in IBM’s Global Location Trends annual survey for 2017.
31st August, 2017
Auchan delivers to all of Budapest
Hypermarket chain Auchan has become the fourth retail chain to offer online sales with delivery to all districts in Budapest.
31st August, 2017
City looks into Garancsi contracts
Budapest city council will investigate how it happened that ESMA, a company owned by István Garancsi, a friend of Prime Minister Viktor Orbán, used electric poles in Budapest as advertising poles without paying a fee or obtaining a permit in the past two years.
30th August, 2017
Cabinet to buy paintings for Ft 1.5bn
The cabinet will purchase a series of five large paintings by Hungarian artist Vilmos Aba-Novák depicting Polish-Hungarian friendship for Ft 1.45 billion, HVG reports.
30th August, 2017
€10bn e-lorry plant may be a hoax
There are big question marks surrounding Hungarian eTruck Motor’s reported plans to build a €10 billion electric lorry plant, Portfolio writes, adding that the project may be just a media manipulation.
30th August, 2017
Pool fined for anti-LGBTQ bias
The Equal Treatment Authority has fined the MOM Sport swimming complex Ft 1 million for not allowing an LGBTQ group to rent part of the facility.
29th August, 2017
Anti-Putin protests turn creative
Activists of the Momentum party re-pasted the names of several streets in Budapest early Monday morning, restoring their names from the Communist era, in response to the visit by Russian President Vladimir Putin.
29th August, 2017
Digital theme park opened
Every school in Hungary will be equipped with ultra-fast broadband internet and WiFi by the end of the 2018-19 school year, Tamás Deutsch, head of the Digital Welfare Programme, said yesterday in Székesfehérvár.
28th August, 2017
World judo contest starts today
A total of 796 athletes from 136 countries will compete for world titles at the Papp László Budapest Sport arena from today, when the World Judo Championships begin.
28th August, 2017
Referendum question rejected
The Capital Election Committee has rejected a proposed referendum question regarding the mobile dam to be built along the Római part resort area in Budapest’s Third District.

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