Latest Articles
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Why doesn’t Hungary support EU sanctions against Russian oil? | Oil and Gas News
As the European Union tries to impose sanctions on Russian oil over the war in Ukraine, Hungary has become one of the biggest obstacles ... -
CPI Hungary integrates property management services – BBJ
CPI Hungary has integrated all property management activities of its domestic retail portfolio, as besides property management and leasing, legal services are provided by ... -
Yapily to acquire finAPI as part of open banking consolidation move – TechCrunch
Fintech start-ups yapily announces its intention to acquire endAPI — the transaction is subject to regulatory approvals before closing. Both companies offer open banking ... -
Le Clos is part of the South African team for its 7th world champions
CAPE TOWN, South Africa (AP) — Former Olympic champion Chad le Clos was named to South Africa’s team Monday for its seventh world swimming ... -
Weeklies on the opposition one month after its electoral defeat
Commentators on both sides of the political spectrum suggest that the weaknesses that sealed the fate of the opposition in the elections have deepened ... -
EU and Russia split as rebels impose sanctions change | Science | News
The European Commission had to propose changes to the planned Russian oil embargo after Hungary, Slovakia and the Czech Republic unleashed their fury against ... -
For Vanguards and Nanushka, it’s a family affair
“From an investment point of view, fashion is not a normal business,” says Peter Baldaszti, co-founder and CEO of Budapest-born luxury fashion brand Nanushka ... -
OTP Group reached an operating profit of RON 35 million in the first quarter of 2022
OTP Group announces the financial results for the first three months of 2022. According to the report published in Budapest, which presents the consolidated ... -
Russia-Ukraine War News: Live Updates
BRUSSELS – Heavy fighting continues at the besieged Azovstal steelworks in Mariupol, where Russian forces are stepping up their attack. A senior Ukrainian official ... -
Oil climbs to highest since March as US considers crude purchases | Business and Economy News
Prices were also supported by OPEC+ which ratified a limited production increase following the European Union’s proposed ban on Russian imports. By Alex Longley ... -
Central and Eastern European region survives first shock of war in Ukraine
Despite the war in Ukraine, inflation uncertainty, rising construction costs and rapidly changing interest rates, the real estate market has nevertheless shown resilience, with ... -
UK sanctions Russian journalists for spreading ‘war’ propaganda
Planes take off almost daily from Dover Air Force Base in Delaware – huge C-17s loaded with javelins, stingers, howitzers and other hardware are ... -
MET Group moves its offices to Budapart
MET Group has signed a rental agreement for more than 4,000 m² of office space in the BudaPart district, according to a press release ... -
Live Updates on the Russian-Ukrainian War: News from the Mariupol Steel Plant
ZAPORIZHZHIA, Ukraine – Some flashed bright smiles and others leaned in sobbing, sharing the end of their hellish underground ordeal. Here, at last, were ... -
Slovakia and Hungary will not support EU sanctions against Russian energy
BRATISLAVA, Slovakia (AP) — Slovakia and Hungary said on Tuesday they would not support sanctions against Russian energy that the European Union is preparing ... -
Balance/Sustainability — Reassess the dirty reputation of city rodents
The city’s wildlife — like New York’s much-hated brown rat — may have an unfair reputation as disease carriers, according to a new study. ... -
Italy’s tough new approach to Russia
This is an audio transcription of the FT press briefing podcast episode: Italy’s tough new approach to Russia Joanna KaoHello from the Financial Times. ... -
These are the most expensive streets in Budapest
According to recent analyses, Hungary is experiencing one of the most intense price increases in the real estate market within the EU. In figures, ... -
EU to propose phasing out Russian oil by end of year
The European Union is expected to propose a ban on Russian oil by the end of the year, with restrictions on imports phased in ... -
FinMin: Economy still on growth path, with declining deficit and debt
The next four years are expected to see strong growth coupled with a gradual reduction in public debt and budget deficit levels, according to ... -
Cecilia Hall Diehl | Obituary
Cecilia Hall Diehl Cecilia Hall Diehl, 88 of Winchester, VA died Friday at Blue Ridge Hospice. Cecilia is survived by her sister, Mary May ... -
Coordinating in the Dark on Inflation by Kaushik Basu
The fine management of soaring inflation that is currently being attempted is one area where the economy is weakest. Better global coordination of monetary ... -
Chaos Leads to Populists and Tyrants – InsideSources
When right-wing populist Marie La Pen called French President Emmanuel Macron “the president of chaos,” she tapped into a nerve that Donald Trump, Vladimir ... -
April 28 Letters: We Need Action on Health Care; we need smoother roads; we need proper housing plan
Stop confrontation, solve the problem Flying sparks in our legislature will not solve our doctor shortage. Posturing, yelling, and heckling can make our elected ... -
Ukraine: LWF provides cash assistance to refugees in Poland
Registration centers in six localities to reach at least 60,000 vulnerable families (LWI) – In response to the needs of a growing number of ... -
EU hits Hungary as never-before-used punishment to CUT vital funds | World | News
The EU executive confirmed on Wednesday that it had given the green light to trigger the rule of law mechanism against Hungary, which could ... -
Explanation: Russia wants countries to pay for gas in rubles. Will buyers comply?
HOUSTON/LONDON, April 26 (Reuters) – Russian energy giant Gazprom told Poland and Bulgaria it would cut gas supplies from Wednesday, deepening Moscow’s feud with ... -
Hungary raises interest rates by another 100 basis points as inflation risks rise
Band Krisztina Than and Gergely Szakacs BUDAPEST, April 26 (Reuters) – Hungary’s central bank raised its key rate by another 100 basis points to ... -
Mi Hazank calls for extension of eviction moratorium
Written by BT/MTI The hardline Mi Hazank party on Monday called for an end to foreclosures for people who defaulted on their mortgages and ... -
Etele Plaza named “Best of the Best Retail Development” at the HOF Awards
Etele Plaza received a HOF Award in the category “Best of the Best Retail Development”, according to a press release sent to the Budapest ... -
Positive U.S. Real Yields Add To Toxic Emerging Markets Cocktail
(Bloomberg) — Emerging market fund managers’ long list of worries threatens to expand further, with positive real yields in the United States worsening an ... -
Rába issues warning on results – BBJ
MTI – Econews Saturday, April 23, 2022, 2:00 p.m. Listed automobile industry company Raba said on Wednesday evening that it could report a consolidated ... -
Kyodo News Digest: April 23, 2022
Tawny lilies are in full bloom in Asahikawa in Hokkaido, northern Japan, on April 22, 2022. (Kyodo) ==Kyodo Here is the latest list of ... -
ANALYSIS-Win or lose, Le Pen’s nationalism is already changing Europe – EURACTIV.com
‘Frexit’ may be off Marine Le Pen’s menu ahead of Sunday’s crucial presidential run-off against incumbent President Emmanuel Macron, but the threat of a ... -
POLL-Hungarian cenbank is expected to raise its base rate by another 100 basis points next week
Band Gergely Szakacs BUDAPEST, April 22 (Reuters) – The National Bank of Hungary (NBH) is expected to raise its policy rate by another 100 ... -
The Budapest investigation committee suspects corruption in the real estate transactions of the former leader of Fidesz
More than 1,200 city-owned apartments were privatized at a significantly reduced price in downtown Budapest between 2014 and 2018 under the leadership of the ... -
In France’s vote, pocket issues eclipse nationalism vs. globalism
The 2017 French presidential election was a turning point for Western politics, fought not along traditional lines of left and right, but over national ... -
Ukrainian war refugees top 5 million as assaults escalate
WARSAW, Poland (AP) — After spending weeks without power or water in the basement of his family’s home in Ukraine, Viktoriya Savyichkina made a ... -
German employers and trade unions unite to oppose EU boycott of Russian gas
German bosses and unions have joined forces to oppose a possible EU ban on Russian gas, saying it would cripple the industry. Many German ... -
Capital home buyers take out a HUF 21 million mortgage, on average
MTI – Econews Tuesday, April 19, 2022, 10:00 a.m. Banking Image from Shutterstock.com Homebuyers in the capital who took out mortgages in the first ... -
Women living in England’s poorest neighborhoods are dying ‘Devastating’ YOUNGER analysis reveals
Women in the poorest parts of England can expect to live nearly eight years less than those in the wealthiest parts of the country, ... -
The most beautiful hotels in the USA
Ask any Hawaii Loyalist about the legendary Mauna Lani retreat on the Big Island and they’ll nod knowingly. For decades, the hotel has been ... -
Ukraine-Russia war live updates: Zelenskyy accuses Russia of trying to wipe out civilians in Mariupol as Moscow claims city has been cleared of Ukrainian forces
A Spanish village changes its name to Ukraine in solidarity (Reuters: Jon Nazca) A village in Spain has changed its name to Ukraine as ... -
what Le Pen’s election would mean for Europe
During her campaign, Marine Le Pen presented herself as a moderate, and it paid off as polls now show the French far-right leader has ... -
Preview of the second part of the Venice Biennale 2022: the national pavilions
In April, the Venice Art Biennale returns after a three-year hiatus due to the pandemic (preview days 20-23; first day of public opening April ... -
UK bank expects mortgage defaults to rise amid cost of living
Mortgage delinquencies are expected to increase as household budgets are under strain as the crisis in the cost of living is getting worse. Photo: ... -
Ingatlan.com’s turnover increases by 17% in 2021
MTI – Econews Thursday, April 14, 2022, 1:20 p.m. Photo by Fabio Balbi / Shutterstock.com Real estate listing site Ingatlan.com’s net revenue rose 17% ... -
Good news came from the Hungarian economy – UPDATE
Output in Hungary’s industrial sector rose 4.5% a year in February, about half the pace in January, the Central Statistical Office (KSH) said in ... -
ET Star Dee Wallace Embarks on Rob Zombie’s The Munsters
Instagram has been the filmmaker’s preferred medium for updates on the film as it nears a likely 2022 release date, and this announcement is ... -
Simon Calder: Travel expert warns of 100 more flights canceled today | Travel News | Travel
British Airways and easyJet have canceled more than 100 flights between them over the past week. Today, airlines had no choice but to cut ... -
The war will reduce Ukraine’s GDP by more than 45%, according to World Bank forecasts
WASHINGTON, April 10 (Reuters) – Ukraine’s economic output is expected to contract 45.1% this year as the Russian invasion shuttered businesses, slashed exports and ... -
Sberbank sells its stake in Fortenova to the Hungarian group Indotek
Screenshot/Fortenova Group April 10, 2022 – Russian Sberbank has now sold its former 43% stake in Fortenova to Hungarian company Indotek, Fortenova CEO Fabris ... -
Boutin wins two silver medals at world championships in Montreal – Team Canada
THE CANADIAN PRESS/Peter McCabe April 9, 2022 After capturing an Olympic bronze medal in the 500m in Beijing just a few months ago, Kim ... -
Hungary in “excellent position” in terms of food security
Nicolas Pongratz Saturday, April 9, 2022, 10:55 AM The important role of agriculture and the food industry in Hungary’s economic strategy for the coming ... -
Hungary denies Orban mentioned possible EU withdrawal
European Commission President Ursula von der Leyen told Ukraine that the European Union stood by its side and would continue to support kyiv by ... -
What comes after neoliberalism? And is it worse? ‹ Literary Center
Tourists make historical pilgrimage Mitteleuropa observe the past. But I have spent the last few days in the Hungarian city of Budapest looking to ... -
Unknown activists vandalize villas in Italy owned by pro-Kremlin propagandist
Ukraine is pressing NATO for more weapons as Russia is expected to reposition its forces before launching a major offensive in southeastern Ukraine. Ukrainian ... -
The ConvergenCE project management team is growing
Gábor Zeley, an experienced real estate expert, has joined investor and developer ConvergenCE, according to a press release sent to the Budapest Business Journal. ... -
Live updates: IEA to release 120 million barrels of oil from emergency reserve
The price of oil fell on Wednesday after a group of the world’s largest consumers said it would tap into emergency stocks to counter ... -
Hungarian Orban aims to maintain price cap and flags exceptional taxes
BUDAPEST, April 6 (Reuters) – Hungary will strive to maintain the price cap beyond its imminent expiry in the first half of 2022 unless ... -
Hungarian Foreign Ministry summons Ukrainian envoy for ‘insults’
Hungarian Foreign Minister Peter Szijjarto addresses the 76th session of the United Nations General Assembly, at the United Nations headquarters in New York, U.S., ... -
EU crisis after warning that Orban’s ‘Huxit’ plan had ‘already started’ before election victory | World | News
Hungarian Prime Minister Viktor Orban won his country’s election on Sunday as the EU braces for fresh clashes with the perceived autocratic. Orban appeared ... -
Skanska Hungarian Headquarters Receives WELL Health and Safety Certificate
Skanska’s headquarters in Hungary, located in the Nordic Light office complex, has received WELL Health & Safety certification, according to a press release sent ... -
Hopeful hands reach out to women and children with desperate stories of flight to Ukraine
A When the train from Ukraine stopped at platform 5 at Zahony station on the Hungarian border, a dozen police officers boarded and began ... -
Venture into a new payment frontier
Contrast that with the myriad ways to pay consumers – digital wallets, peer-to-peer instant payments, and even cryptocurrencies. This rapid evolution requires providers not ... -
Hungarian Orban prepares for a difficult mandate after a landslide victory in the elections | Election News
The conservative nationalist party Fidesz won the Hungarian general elections on April 3, securing a fourth consecutive mandate for its leader, Prime Minister Viktor ... -
Morning update: As atrocities in Bucha spark global horror, some Ukrainian refugees return home to Kyiv region, hope the worst is over
Hello, As images of brutality in the outskirts of kyiv sparked global horror and demands for war crimes investigations, a Russian retreat that left ... -
Reviews | Ukraine is the first real world war
US-based commercial satellite companies like Maxar Technologies allowed anyone to see from space hundreds of desperate people queuing for food outside a supermarket in ... -
When people defend themselves in a war of annihilation, there are no unimportant things
When people fight back in a war of annihilation, when it comes to the life or death of millions of people, there are no ... -
MIPIM 2022 sees the return of large-scale exhibition events
Delegates at the Budapest/Hungary stand at MIPIM 2022. Hungary and Central European countries such as Poland and the Czech Republic attracted strong attendance at ... -
Integration of property sustainability into broader regularity systems
With the growing need for third-party accountability, commercial property sustainability accreditation systems are already being devised for various types of projects, and not just ... -
Election in Hungary: EU faces a blow this Sunday as Orban prepares to win a fourth term | World | News
Viktor Orban’s ruling Fidesz party has maintained a slim lead over an opposition alliance ahead of Sunday’s legislative elections, a survey by think tank ... -
One in nine inhabitants of Cyprus is a foreigner
The percentage of resident citizens of other countries living in Cyprus, both from European Union member states and non-EU countries, is more than 10%, ... -
Immofinanz signs contracts for 65,000 m² in 2021
Immofinanz – one of the biggest investors in the region – signed contracts in the retail and office sector for a total of more ... -
The effects of the real estate market augur further price increases
Nicolas Pongratz Thursday, March 31, 2022, 10:45 a.m. Residential Photo by Andrey_Popov / Shutterstock.com At the moment, all market effects point to a further ... -
EIB Group invests EUR 891m in Hungary in 2021
The European Investment Bank Group provided a total of 891 million euros to the Hungarian economy in 2021, a record volume of investments in ... -
Cassandra Peterson defends the casting of Rob Zombie
The horror icon also talks about her exciting new role. Cassandra Peterson, perhaps better known as Elvira, is one of horror’s most recognizable faces. ... -
Hungarian opposition makes last-ditch push to alienate voters from Viktor Orban
Just days before Hungary’s closest election in a decade, opposition flag bearer Peter Marki-Zay is campaigning, trying to convince voters that time is up ... -
Hungarian Orban criticized for his “neutrality” in the war in Ukraine
BUDAPEST, Hungary — Widely seen as Russian President Vladimir Putin’s closest ally in the European Union, Hungarian Prime Minister Viktor Orban has sought to ... -
Ophthalmologist John H. Merey Shares His Holocaust Survival Story
(March 25, 2022 / Florida Jewish Journal) Dr. John H. Merey, who practices ophthalmology in West Palm Beach, Florida, was born in Budapest, Hungary, ...