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Holiday season indulgence worth every Ft


SORRY to all of those reading this review hoping for some cruel restaurant bashing. This week's outing is all hallelujahs:

I could not find a single fault with the Gresham Kávéház of the Four Seasons Hotel.

more dining guide news »

MÁV chairman resigns


László Udvari, Chairman of national railways company MÁV Rt tendered his resignation on 15 December to Transport Minister János Kóka, who accepted it, Internet portal www.magyarorszag.hu said.

more current affairs news »

OTP's Csányi eyes west European acquisition


Hungary's leading commercial bank OTP is looking at three possible acquisition targets in Western Europe, its Chairman-CEO Sándor Csányi told business weekly Figyelõ.

more business & finance news »

Open Workshop New Year's Eve


"Calling all English speaking jazz lovers in Budapest!"
more entertainment news »

Hungary court orders K&H to pay local govt $18 mln


An arbitration court ordered Hungary's second-largest bank, K&H Bank, to pay 3.4 billion forints ($18.5 million) to Budapest's 10th district in connection with a fraud case, the district's mayor said on Tuesday.

more current affairs news »

Vatican and Hungary clash over financing treaty


The Vatican has clashed with Hungary's centre-left government over the financing of Church-run public institutions in the former Communist country.

more current affairs news »

EU to announce deficit action against Greece, Hungary: source


The European Commission is set to pursue disciplinary action against Greece and Hungary Wedensday for breaching EU public deficit rules, an EU source said here.

more  news »

MOL debuts 2.8% firmer in Warsaw, pulls along price in Budapest


Oil group MOL shares opened with a 2.8% rise on the Warsaw Stock Exchange where they began to trade on Wednesday. The rise pulled along the price in the Budapest Stock Exchange as well, pushing MOL shares to above HUF 13,000.

more business & finance news »

Hungary rate cut heralds more easing, budget a risk


Hungary's central bank (NBH) delivered its seventh and last rate cut for 2004 on Monday, and monetary easing is set to continue next year when an enlarged Monetary Council may pursue a more dovish policy.

more business & finance news »

U.S. agrees to Nazi "gold train" settlement


The U.S. government has agreed to settle a lawsuit with tens of thousands of Hungarian Holocaust survivors over a trainload of gold, jewelry and other property seized by the U.S. Army at the end of World War Two, lawyers said on Monday.

more current affairs news »

Hungary 2nd EU member to ratify new constitution


Hungary approved the new European Union constitution in a parliamentary vote on Monday, becoming the second member in the 25-nation bloc, after Lithuania, to do so.

more  news »

MOL's Slovnaft rejects results of fuel price investigation, protests SKK 1.3 billion fine


Slovnaft, the Slovakian subsidiary of oil and gas company MOL, said on Monday that it rejects the findings of the fuel price investigation conducted by the Slovakian finance ministry, and called the whole process "lacking in legality and counter to the rules of a free market economy."
more business & finance news »

Hungary's unit in Iraq leaves war-torn nation


The last of Hungary's 300 soldiers serving in a transportation unit south of Baghdad left Iraq on Monday and will be home in a few days, a Defense Ministry spokesman said.

more current affairs news »

Hungarian Parliament ratifies Constitution


The Hungarian Parliament yesterday (20 December) ratified the European Constitution by 304 votes to nine. There were eight abstentions and 64 members of the parliament were absent at the time of the vote, according to the BBC.
more  news »

The Doctor Is In


More and more expat women are opting to have a baby abroad rather than return to their home country. In the below article, Dr. Kinga Jokay of Budapest's Roszakert Medical Clinic translates the general advice on feeding your baby as outlined by the American Academy of Pediatrics into the Hungarian milieu.
more health & wellness news »





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