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Franz Xaver Bucher Frescoes Discovered in Veszprém Castle Quarter

According to the announcement, during restoration work in the Veszprém Castle, a painting showing the Evangelist Luke was found in the St Emeric Church, while a figure depicting an Austrian soldier was discovered in the Tejfalusy House, a building that…

Hungarian Post Issues Year of the Dragon Stamp

The Hungarian Post issued its eleventh stamp series featuring motifs from the Chinese horoscope, celebrating the upcoming Year of the Dragon, which commences on 10 February….

Leading European Agency Scope Ratings Endorses Hungary for Investment

The agency expects substantial foreign investments in battery production to further attract funding, leading to increased job creation, technological advancements, and enhanced exports. Scope Ratings emphasized that Hungary’s BBB credit ratings are reinforced by the robust structure of external and…
The village of Harka viewed from the Károly lookout tower in Sopron, Hungary.

Government Commissioner Underlines Hungarian Commitment to Rural Development and Sustainable Growth

In his remarks at an economic conference held in Sopron on Saturday, Government Commissioner for the Development of Modern Settlements Alpár Gyopáros emphasized the pivotal role of villages in shaping the future of Hungary, citing their ability to provide a…

Finance Minister Stresses Importance of Maintaining Disciplined Fiscal Policies

The minister stressed the importance of maintaining disciplined fiscal policies this year, aiming for an annual average inflation rate of around 5 per cent. He firmly asserted that until the inflation rate returns to a more moderate range, fiscal spending…

Hungary Launches Ambitious International Exchange and Research Programmes

Balázs Hankó underscored Hungary’s strides in scientific and educational excellence, noting that 12 Hungarian universities now rank among the top five per cent globally. He outlined ambitious goals, aiming for one Hungarian university to enter the world’s top 100 by…

Government Announces Historic Salary Increase for Educators

Hungary’s commitment to significantly enhancing educator salaries not only acknowledges the invaluable contribution of educators but also aims to bolster the quality of education by attracting and retaining top talent in the teaching profession. The decision comes as part of…

Vietnamese Prime Minister‘s Visit to Hungary ‘Crucial’, Orbán Says

According to the Hungarian Prime Minister, it is ‘easy to predict’ that Vietnam will emerge as one of the winners of the coming era. ‘Such transformations herald opportunities as well as risks. We see the new world economic era as…

Pápa Airbase to Be Equipped with State-of-the-Art Air Crew Training Simulator

The C–17 Aircrew Training System (ATS) Simulator is a sophisticated and comprehensive training platform designed to enhance the proficiency of aircrews operating the Boeing C-17 Globemaster III, a large military transport aircraft….

Central and Eastern European Economies Begin 2024 with Stable Sovereign Credit Prospects, Reports Moody’s

According to the ten-page study by the international credit rating agency, the stable outlook is supported by the region’s expected robust macroeconomic performance. In addition, the economies of the countries in the region have been relatively resilient to the European…

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