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Hungarian forint outperforms peers in early 2025, boosting travel budgets

Hungarian forint outperforms peers in early 2025, boosting travel budgets

The Hungarian forint is off to a surprisingly strong start in 2025, gaining more than 3% against the euro and outperforming both the Polish zloty and the Czech koruna, according to a new assessment by K&H Bank’s chief analyst. With these currency...

Hungarian local governments can make property purchases more difficult for foreigners from today

Hungarian local governments can make property purchases more difficult for foreigners from today

The controversial new “Local Identity Act” introduced by the Hungarian government has sparked widespread concern, with many fearing that municipal involvement in property sales could drive down real estate values—even in the country’s most...

China Brand Fair 2025: 350 Chinese manufacturers gather in Budapest – photos, videos

China Brand Fair 2025: 350 Chinese manufacturers gather in Budapest – photos, videos

Held from 26–28 June 2025, the China Brand Fair once again welcomed visitors to Hungexpo’s “A” Pavilion in Budapest, offering a dynamic three-day platform for Chinese and Central European companies, manufacturers, and suppliers to network, explore...

Price Restrictions on Certain Medicines in Hungary Enter Force

Price Restrictions on Certain Medicines in Hungary Enter Force

Voluntary price restrictions on a range of medicines entered force on Tuesday, the National Economy Ministry said in a statement. The ministry noted that pharmaceutical industry players had earlier agreed to roll back the prices of a number of...

'Central Fraud Detection System' Rolled Out by National Bank of Hungary

'Central Fraud Detection System' Rolled Out by National Bank of Hungary

The National Bank of Hungary (NBH) on Tuesday announced the launch of the first phase of a central fraud detection system. The Central Fraud Detection System (KVR) uses artificial intelligence to flag suspicious transactions in a fraction of a...

EU countries extend economic sanctions against Russia

EU countries extend economic sanctions against Russia

Brussels, July 1, (dpa/GNA) – The European Union has extended its current tough economic sanctions against Russia until January 31, 2026, due to a lack of progress over peace in Ukraine. These are existing measures, and are separate to an 18th...

The EU responded to the Hungarian survey on Ukraineʼs membership in the European Union

The EU responded to the Hungarian survey on Ukraineʼs membership in the European Union

Despite a Hungarian poll in which Hungarians allegedly opposed Ukraineʼs membership in the EU, the European Commission sees no reason to block the negotiation process. This was stated at a briefing by European Commission Speaker Guillaume Mercier....

HK Audio gets the party going on board Budapest’s iconic A38

HK Audio gets the party going on board Budapest’s iconic A38

The terrace stage at Budapest’s iconic A38 has had an audio refresh with HK Audio now powering the party. The 300-person performance space which focuses on electronic music is now covered by a CONTOUR X solution, supplied by local partner,...

Household Products Added to Price-Monitoring Platform in Hungary

Household Products Added to Price-Monitoring Platform in Hungary

Household and hygienic products have been added to a price-monitoring platform launched to boost competition and counter consumer price inflation, the Competition Office (GVH) said. GVH said 42 product categories were added to the platform,...

Hungary introduces voluntary price cap on medicines to curb inflation

BUDAPEST, July 1 (Xinhua) -- In a new effort to curb inflation and protect consumers from unjustified price increases, the Hungarian government has launched a voluntary price cap scheme targeting pharmaceutical products. Effective Tuesday, the...

Hungary’s Ice Cream Renaissance: From Pure Flavors to Bold Innovations

Hungary’s Ice Cream Renaissance: From Pure Flavors to Bold Innovations

The art of ice cream making is undergoing a major transformation in Hungary: more and more workshops are making unique gelatos from natural ingredients, while consumers are increasingly looking for quality and special flavors, Turizmus.com...

The Travel Corporation brands to offer 16 new itineraries in 2026

The Travel Corporation brands to offer 16 new itineraries in 2026

The Travel Corporation (TTC)’s Trafalgar and its sister brands Insight Vacations and Luxury Gold announced the launch of 16 new itineraries for travel in 2026 today, 1st July. The announcement marks the largest introduction of new trips by the...

Condor adds Barcelona, Budapest, and Venice to expanding city network for Summer 2026

Condor adds Barcelona, Budapest, and Venice to expanding city network for Summer 2026

Condor is further expanding its European city network with three new destinations—Barcelona, Budapest, and Venice—starting May 1, 2026, from Frankfurt Airport. The additions follow the successful rollout of nine city routes earlier this year and...

Will new animal welfare law curb illegal trade?

Will new animal welfare law curb illegal trade?

Published on 01/07/2025 - 18:00 GMT+2•Updated 18:01 The upcoming legislation sets minimum rules for the entire EU, such as mandatory microchipping and registration of dogs and cats born in or imported into the bloc. Pet registration is already...

Hungarian melon production up, export potential rises

Hungarian melon production up, export potential rises

The domestic melon sector is progressing with an expansion in cultivation area for both watermelon and cantaloupe. In 2024, watermelon cultivation increased by 10%, reaching 3,700 hectares, while cantaloupe cultivation expanded by 15% to nearly...

Hungary’s MAVIR commissions 60 MWh battery energy storage system

Hungary’s MAVIR commissions 60 MWh battery energy storage system

After entering the world’s top ten in photovoltaic capacity per capita, Hungary is picking up pace in terms of batteries as well. Energy storage units are coming online to maintain grid stability and bridge the hours between the peaks of daily...

Orbán lost to "gays and Ukrainians": How a Pride ban united Budapest against Hungary’s government

Orbán lost to "gays and Ukrainians": How a Pride ban united Budapest against Hungary’s government

"Pride turned into a funeral march for Orbán’s regime." That was the headline of an editorial in HVG, one of Hungary’s key independent outlets, assessing last weekend’s events. This assessment is somewhat simplistic. There is still no guarantee...

Hungarian State Railways (MÁV) will no longer operate Western Hungary railway lines

Hungarian State Railways (MÁV) will no longer operate Western Hungary railway lines

Photo: FB/GYSEV Regional railway company GYSEV has signed a contract to take over the operation of 752km of rail lines in the west of Hungary from MÁV starting July 1, MÁV group said on Tuesday. The takeover will not require any action from...

Why one winery is banking on fizz in the heart of Texas

Why one winery is banking on fizz in the heart of Texas

Inspired by travels around Europe, Elisa Jones took a gamble and made traditional method sparkling wines in Texas. Now, Elisa Christopher Wines is winning medals at international competitions. The world of traditional method sparking wine seems to...

Budapest Steps Up Airport Shuttle Service

Budapest Steps Up Airport Shuttle Service

The Budapest Public Transport Centre (BKK) will operate more frequent airport shuttle service from July 1. The 100E Airport Express, between the city centre and Liszt Ferenc International, will run every 6 minutes during peak hours, and every 7-8...

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