Finance Minister Mihály Varga and Zoltán Kurali, CEO of the Government Debt Management Agency arrive for a press briefing in the Ministry of Finance on 1 December 2023.

Hungarian Government Maintains Budget Stability Amidst Global Challenges

Despite extraordinary expenditures, the government has consistently reduced the budget deficit and the national debt year after year, the Ministry of Finance emphasized in its interim report released on the situation of the central subsystem of public finances, excluding local governments, at the end of November.



The Castle District in winter, with the steeple of the Matthias Church in the background, viewed from the Tabán.

Advent Splendour at the Castle District Begins on 1 December

As part of the series titled ‘Advent in Buda,’ visitors can expect a vibrant array of activities, including stage performances, handcraft workshops, folk art nativity scenes, exquisite Hungarian culinary delights, candle lighting, and a festive atmosphere.

Lt General Nicola Zanelli, Deputy Commander of NATO's Land Command inspects a joint Hungarian-Italian exercise of the Forward Land Force Battlegroup on 16 November 2023 in Hajdúhadház, Hungary.

Hungary’s Crucial Role in Defending NATO’s Eastern Flank

Hungary’s geographical location gives it an important role on NATO’s eastern flank and the Alliance is very grateful to Hungary for hosting one of the eight NATO battle groups, Deputy Commander of NATO’s Land Command (LANDCOM) Nicola Zanelli said in an interview with HDF website honvedelem.hu.

Horthy rides his white horse as he marches on Budapest on 16 November 1919.

16 November: End of a Chaotic Era for Hungary, and the Prelude to a New One

16 November marks the day when Rear Admiral, and later Regent, Miklós Horthy marched into Budapest in 1919, symbolically ending the Hungarian Soviet Republic. This remains a controversial event to this very day: while on the one hand, it ended a period of chaos and dictatorship, on the other hand, it bolstered the so-called White Terror.