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Soviet Republic

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…
The building of the Budapest Stock in Buda.

The 33rd Anniversary of the Reopening of the Budapest Stock Exchange

In 1860, Emperor Franz Joseph I of Austria and King of Hungary issued a decree mandating the establishment of commodity exchanges in the major cities of the Habsburg Empire. As a result, the Pest Lloyd Association was commissioned to create…

Bases for 20th-Century Hungarian History

The book’s greatest value can undoubtedly be found in its historiographical sections, which present the historical assessment of the Soviet Republic and the Horthy system. It is in these that the author utilises the largest literary material and provides the…

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