Hungarian voters delivered a bloody nose to the Socialist-led government in Sunday's European vote, which analysts said may weaken its will for further reforms.
more  news »

The Budapest Stock Exchange's (BSE) Austrian owners want the BSE to purchase the Budapest Commodity Exchange (BCE) instead of an earlier announced merger plan, economics daily Napi Gazdasag said on Tuesday.
more business & finance news »

The National Motorway (NA) Rt will start negotiations with all three applicants for the construction of a 5.2 km section of the M8 motorway and the joining bridge over the Danube in Dunaújváros, central Hungary.
more getting around news »

Investment company Futureal Rt has purchased a 75% share in Corvin Rt, a company set up to develop the area between the Corvin Cinema and Szigony street in the distr. 8 in Budapest.
more movies news »

Korea Development Bank (KDB) has raised the registered capital of its wholly-owned subsidiary KDB Bank Hungary Rt from Ft 4.686 billion to Ft 8.827 billion, said marketing and communication department head Ágnes Sütö.
more business & finance news »

Hungary's current-account deficit, at Euro 1.07 billion euros, was wider than expected in April, increasing chances the forint will fall in the coming months as the third-largest new member of the EU continues to run a sizeable trade deficit.
more business & finance news »

Hungary's conservative opposition beat the ruling Socialist-Liberal coalition in European parliamentary elections Sunday, the national elections office (OVI) said after 99.8 percent of the vote was counted.
more  news »

With the elections to the European Parliament under way, many of today's papers find two things missing: enthusiasm and proper European issues. And on the eve of Euro 2004, Russian footballers' wives are baring it all for the motherland.
more current affairs news »

A year ago, Minardi boss Paul Stoddart sounded relieved and optimistic after Formula One supremo Bernie Ecclestone stepped in to ensure his team's survival.
more sports news »

Just over a month after joining the European Union, its new central and eastern European members have reported a strong economic start to the year, as their manufacturers cash in on an upturn in export markets.
more  news »

Hungary's forint and bonds weakened in sluggish trade on Thursday, with market sentiment soured by disappointing April trade data, followed by weak demand for a new five-year bond at an auction, dealers said.
more business & finance news »

The World Health Organization's (WHO) Regional Office for Europe is offering to pay for a limited number of young journalists from former Soviet countries to travel to Budapest, Hungary, for an environmental reporting workshop.
more current affairs news »

Finance Minister Tibor Draskovics responded yesterday to allegations by the opposition that the government is planning to put austerity measures in place following the EP elections, saying no restrictive measures of any kind are being planned.
more  news »

Diesel engine component manufacturer Denso Hungary Kft will expand its operations in Székesfehérvár, building a new production hall at a cost of Ft 24 billion financed in part by a non-refundable subsidy from the Economy and Transport Ministry.
more business & finance news »

In a press conference review of the development of the economy in Q1 2004, Finance Minister Tibor Draskovics noted that although Hungary's exports were up 20% for the first quarter, economic growth in Hungary's primary export markets, those of the EU, was only 1.5% for this period. (Econews)
more business & finance news »