Reuters - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
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BUDAPEST — Hungarian flag-carrier Malev ceased operating early on Friday morning after 66 years of almost continuous service, after its planes were held overseas for unpaid debts. Hungary’s national airline had been placed under extraordinary protection from creditors and a receiver was appointed by the government earlier this week. Malev said its suppliers had lost confidence and started to demand advance payment for their services, while the government could no longer provide cash injections for the company following a European Union ruling last month. "This has accelerated the outflow of cash to such an extent, that by today the situation of the airline has become unsustainable," Malev...
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FARKASLYUK, Hungary (Reuters) - Hungarian villagers were scavenging for coal with their bare hands on Thursday as a blast of Siberian air killed scores in Eastern Europe and looked set to keep its icy grip on the continent for another week.
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Finance ministers agree with Commission that Hungary has not done enough to reduce its deficit.
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Hungary's state-owned airline Malev said it does not have the financing to...
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The unemployment rate in Hungary increased in the three months to December from the previous quarter, data from the Central Statistical Office revealed Tuesday.
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LINKÖPING, Sweden--(BUSINESS WIRE)--The defence and security company Saab (STO:SAABB) is proud to announce that Hungary is taking a long-term strategic decision to continue operating Gripen and ensuring the continued development of its national capability. Sweden and Hungary are extending the cooperation for another ten years, until 2026. Earlier today, the Swedish Defence and Security Export Agency, FXM, confirmed that Sweden and Hungary have chosen to extend their Gripen partnership for a furt



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The EU's top economics official told Hungary to take concrete steps to ensure central bank independence.

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The EU's top economics official told Hungary on Friday to take concrete steps to ensure central bank independence as a condition for talks to start on precautionary aid for its public finances, a European Commission spokesman said.

EU Economic and Monetary Affairs Commissioner Olli Rehn had a meeting on Friday with Tamas Fellegi, Hungary's minister in charge for aid negotiations with the European Union and International Monetary Fund.

The Commission is stepping up pressure on Budapest over disputed laws passed in January, including one that the Commission says compromises the independence of Hungary's central bank.

“He (Rehn) reiterated that before we can start formal negotiations on this EU-IMF financing programme, certain preconditions must be met,” Rehn's spokesman Amadeu Altafaj told a regular briefing.

“In particular, he stressed that Hungary must take concrete steps to ensure full independence of its central bank.” - Reuters

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Budapest Airport celebrated the first Wizz Air flight to Dortmund, Germany on Friday. At 11:15am Wizz Air’s Airbus A320 aircraft took off from Budapest with 126 passengers on board marking what will be a maiden flight in a year round schedule between the two cities. The...
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DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f91f4a/hungary_diagnostic) has announced the addition of Global Markets Direct's new report "Hungary Diagnostic Imaging Investment Opportunities, Analysis and Forecasts to 2017" to their offering. “Hungary Diagnostic Imaging Investment Opportunities, Analysis and Forecasts to 2017” Hungary Diagnostic Imaging Investment Opportunities, Analysis and Forecasts to 2017, a new report by Global Markets Direct, provides key market data on the Hungary Diagnostic Imaging market. The report provides value (USD million), volume (units) and average price (USD) data for each segment and sub-segment within...
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Economy minister threatens to withhold funds, saying Budapest hasn't maintained proper deficit spending
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BUDAPEST, Hungary - Hungarian far-right politician and writer Istvan Csurka, known for his anti-Semitic articles, has died. He...
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BRUSSELS – Hungarian prime minister Viktor Orbán tried to move closer to a deal with the European Commission yesterday so he can revive stalled international aid talks. He is trying to rework laws that critics say undermine democracy.


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Reuters - More than 100,000 people rallied Saturday in a show of support for the embattled Hungarian government, as it prepares to compromise in a bitter row with the European Union to secure a vital loan.
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BUDAPEST, Hungary - A civic group said Friday it would file an appeal with the European Court of Human Rights because authorities are blocking it from holding a protest on the March 15 national holiday by reserving all likely locations in downtown Budapest for official use. Peter Juhasz, a spokesman for One Million for the Freedom of Press in Hungary, said the group is turning to the...
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Viktor Orban, le Premier ministre conservateur hongrois, s'est invité ce mercredi au Parlement européen, alors que plusieurs lois de la nouvelle Constitution appliquée depuis le 1er janvier sont...
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Strasbourg, France - Hungary's Prime Minister Viktor Orban expressed readiness to respond to international concern about his domestic reforms on Wednesday, but warned that the EU was taking 'a dangerous road' by encroaching on domestic affairs. Orban spoke in a special European Parliament debate in Strasbourg, where he insisted that he was working for 'the renewal of Hungary' which had been 'on the brink of collapse' before his government came into office in 2010. A day earlier the EU's executive, the European Commission, launched legal proceedings over three constitutional reforms, as his country was still struggling to engage Brussels and the International Monetary Fund (IMF) on talks to...
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European Union concerns over Hungary's disputed laws on its central bank and judiciary can be resolved swiftly, Prime Minister Viktor Orban tells the European Parliament in an effort to stave off legal action by Brussels and win an aid package from the EU and IMF.


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Hungary's PM Viktor Orban has told a sceptical European Parliament that his government's legal dispute with the EU can be resolved swiftly. He was speaking a day...
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Viktor Orban, le Premier ministre conservateur hongrois, s'est invité ce mercredi au Parlement européen, alors que plusieurs lois de la nouvelle Constitution appliquée depuis le 1er janvier sont...
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STRASBOURG, France (AP) — Hungary plans to change legislation that has prompted EU threats of court action and sparked Western fears about democratic rights, a top European official said Wednesday, but the promise did nothing to appease critics.

European Commission President Jose Manuel Barroso said he received a letter from Prime Minister Viktor Orban early Wednesday in which the Hungarian leader indicated "his intention to modify the relevant legislation and to work with the Commission.

Read more on NewsOK.com

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BUDAPEST, Hungary - A few hundred protesters gathered outside Budapest's New Theater in rejection of its new director, an...
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Five of the missing (clockwise from top left) are Barbara and Gerald Heil, Guiseppe Girolamo, Erica Molina and Russel Rebello As attempts to find the missing passengers onboard the Costa Concordia are halted, details of the victims who perished when the ship capsized off the Italian coast have started to emerge. Authorities have released the names of seven of the 11 people confirmed dead. Violinist Sandor Feher, who was working on the ship, is confirmed dead Hungarian crew member Sandor Feher, 38, was the first victim to be identified after his body was found inside the vessel on Wednesday. He was reportedly last seen on the upper decks helping crying children put on life jackets before he...
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A Hungarian violinist who helped save young children aboard the ill-fated Costa Concordia was the first victim of the crash to be identified today.



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Nobody else who’ll be suiting up for the Super Bowl inside Lucas Oil Stadium has made anything approaching the journey that Patriots punter Zoltan Mesko has made.



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Queens Park Rangers midfielder Akos Buzsaky's contract expires this summer but he wants to stay at the club, according to his agent
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NEW ENGLAND PATRIOTS star Zoltan Mesko has come a long way since his war-torn childhood in Romania
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The Hungarian director Bela Tarr has made what he is calling his final film, “The Turin Horse,” a black-and-white tale of medieval adversity and survival.


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A look back at the directors work, which is playing in a retrospective at the Film Society of Lincoln Center.


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Ein extremer Rechter als Theatermacher: Intendant György Dörner hat sein Amt in Budapests Neuem Theater angetreten – und sofort für Tumulte gesorgt.
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AP - A fictional film based on the recent serial killings of Hungarian Roma will be in competition at the Berlin International Film Festival starting Feb. 9.
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A strong sense of lyricism and a taut technique colour Sergio Tiempo's live recording of Liszt's Totentanz and Tre Sonetti...and Tchaikovsky's first Piano Concerto.

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Performing with the New York Philharmonic, Lang Lang played Bartok’s technically demanding Piano Concerto No. 2 with uncanny ease and exuberance.


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In der "SZ" enthüllen die Biermösl Blosn einen bayerisch-togolesischen Technologietransfer. Die "Welt" entzücken die Rücken Anders Zorns. Von Zürich aus sieht die deutsche Presse im Fall Wulff wenig vorteilhaft aus. In der "FAZ" lässt György Konrad seinem Zorn über die ungarische Regierung Lauf.
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