• Foreign Minister: Chinese Financing Is Best For Budapest-Belgrade Rail Project

    Foreign Minister: Chinese Financing Is Best For Budapest-Belgrade Rail Project

    • 12 Jan 2018 8:06 AM

    In the absence of similar European funding, the financing provided by China is the most favourable for the upgrade of the Budapest-Belgrade railway line, Hungarian foreign minister Péter Szijjártó said on Thursday. The minister said there was no competitive financing alternative available for infrastructural investment to the 18-year Chinese US dollar loan with annual interest of 2.5 percent.

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  • Update: Chain Bridge May Be Closed For Two Years

    Update: Chain Bridge May Be Closed For Two Years

    • 10 Jan 2018 6:12 AM

    Renovations on Budapest’s Chain Bridge (Lánchíd) and the adjacent castle district tunnel in Buda may begin as early as this year, according to a statement from BKK, the organization charged with running and maintaining the Hungarian capital’s public transportation and infrastructure.

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  • Discover The Hidden Side Of Budapest

    Discover The Hidden Side Of Budapest

    • 2 Jan 2018 8:00 AM

    According to vjm.hu, every city has a movie-like side, which is only known by a few people. But in the case of Budapest, the House of Mysteries brings you this world full of adventures, mysteries and secrets…

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