"Budapest’s A38 boat has been voted “Best Bar in the World” in an online poll arranged by travel guides publisher Lonely Planet. The A38 won with 13,000 votes, ahead of the De Witte Aap club in Rotterdam with 9,718 votes and Budapest’s Szimpla Kert with 4,480 votes. more »

"The government is seeking proposals from ministries on reducing drug subsidies, cutting funding for Budapest public transport and on introducing an electronic toll system for motorways from the summer of 2013, in order to meet the 2012 and 2013 deficit targets, official gazette Magyar Közlöny reveals. more »

"In its decision issued on 14 February 2012, the Metropolitan Court of Budapest declared Malév Ltd insolvent and ordered the winding-up of the company. The court appointed the Hitelintézeti Felszámoló Nonprofit Kft. (Credit Institutional Liquidator Nonprofit Ltd.) as liquidator and extended the statutory extraordinary moratorium by 90 days. The order came into force on the date of issue. more »

"Budapest Airport is delighted to welcome low-cost carrier Ryanair and its return to the Hungarian capital today. Effective 17th February it will commence direct services to six of a total 32 European destinations - Barcelona, Stockholm, Madrid and Dublin plus two all-new routes, to London Stansted in the UK and Karlsruhe in Germany. The 26 additional routes will start operations within the coming weeks. more »

Wine and dine for half-price at participating restaurants in Budapest, and right around the country on Gluttonous Thursday – read on to find out about all the participating venues. 'Torkos Csütörtök' revives an old tradition celebrated on the first Thursday after Ash Wednesday, when people were given the chance to fill-up keeping in mind the 40 days of abstinence connected to Lent. Today reservations are highly recommended for this opportunity to pay 50% less than usual menu prices at some of the best eateries in Hungary. more »

"Parliament voted in favour of joining the EU’s new fiscal compact on tighter budget discipline yesterday, approving a proposal submitted by Foreign Minister János Martonyi. The heads of 25 EU governments are expected to sign the document at the March 1-2 summit, with the treaty to enter into force on January 1, 2013. more »

It’s always good to see when civils join their forces and - despite of the powering political turbulences and the serious economic challenges - work on achieving their goals with an unshakable faith. That is cristal clearly seen in the activity of an internet community, called “Szarnyakat adunk almainknak” (“We give wings to our dreams”), whose objective is to establish a new Hungarian national airline built on the heritage of MALEV, Hungary’s former national flag carrier that has ceased operations on 03. February 2012. Up until today more than 5000 civils have signed their declaration from 57 countries all over the world. more »

"We regret to inform you that Malév’s Duna Club frequent flyer program has been terminated. For Duna Club members the collection and redeeming of frequent flyer points on other airlines’ flights have also been terminated. more »

"The air traffic employees union will try to obtain shares in viable Malév subsidiaries after learning that the bankrupt airline’s assets will not be sufficient to pay wages, Napi Gazdaság reports. more »

"The Hungarian Government submitted to the European Commission today, within the requested deadline, its responses in the three infringement procedures initiated in January (the independence of the Hungarian National Bank and of the National Data Protection Authority and the mandatory retirement age for judges) and also to the two additional questions raised by the European Commission (concerning the functioning of the judiciary and the situation of the media). more »