International rating agencies are expected to downgrade Hungary’s credit rating in November following centre-right government’s new budget plans, experts in Budapest and London told Budapest Report. Their cited reasons being that Hungary will be weakened financially as it does not want to depend on an IMF bail-out to strengthen its reserves. Hungary’s 2011 budget has [...]
Hungarian Olympic Committee (MOB) has reportedly drawn up plans for a successful run in the 2012 London Olympics, members said. At the previous London Summer Olympics in 1908 Hungary achieved 3 gold, 4 silver and 2 bronze medals (9 in total) and in the summer Olympics in London in 1948 it achieved 10 gold, 5 [...]
German investor RWE has allegedly scrapped plans to expand the capacity of its lignite-based (brown coal, that is high in water content) power generating unit Matrai Eromu, the company said. The plant, located in Visonta, at the foot of the Matra Mountain, was expecting to spend at least HUF 300-bil on building a new 440MW [...]
The organizers of ABBA World, an interactive multimedia exhibition (music, video, photographs, memorabilia, etc contributed by the former Swedish pop group ABBA), are planning to bring their exhibition to Hungary after having already displayed it in London, promoters said. The show, called ABBA World, is expected to hit the Hungarian cultural scene in December 2010. [...]
The Hungarian Government is unhappy with the way things are being run in the expanded European Union, claiming that old school methods are no longer feasible or sensible in the expanded European Union in the 21st Century, political experts in Budapest said. They complained that Europe was hard hit by the global economic crisis merely [...]
The minister of police, national commissioner and divisional commissioner of crime intelligence of the Republic of South Africa have reportedly convinced the nation’s high court late Friday (29 Oct 2010) to stop the Sunday Independent newspaper from publishing information about dodgy appointments within the crime intelligence division, the periodical announced in a statement late Saturday [...]
The Hungarian Government, led by Prime Minister Viktor Orban has reportedly expressed that it his will do all in its power to weaken the jurisdiction of the Hungarian Constitutional Court (HCC). Ironically the previous president of Hungary happened to be an ex-HCC judge. The ruling party, FIDESZ, a week ago suggested that it wants to [...]
The Israeli Government, via its Israel Antiquities Authority (IAA) is reportedly digitalizing the ancient scrolls and scroll fragments, better known as the Dead Sea Scrolls (first discovered in clay pots in a cave 1947). The IAA says that it has started the digital upload of the documents some two years ago and once completed the [...]
The President of Hungary believes Hungary has never been in a better relationship than it currently is with neighbouring Romania, where some 2 million Hungarians live in a minority. President Pal Schmitt made the coments following a meeting with Romanian President Traian Basescu on Tuesday. Romania is said to be piggy-back riding the Hungarian presidency [...]
Hungarian Prime Minister Viktor Orban has reportedly launched a “public – dialogue initiative” and invite the Hungarian population to submit their views and comments on Hungary’s new Constitution, via the Internet on its website (alkotmany.postr.hu). As of Monday (Oct 18, 2010) all remarks and ideas will be available on the public forum (in Hungarian of [...]
The Hungarian government is reportedly turned to the national Parliament on Monday (Oct 18, 2010) requesting that it prolong the current national state of emergency (declared in the beginning of October effecting three western Hungarian counties following a toxic red-sludge spill directly contaminating at least three reportedly evacuated villages – namely Devecser, Somlovasarhelyd Kolontar – [...]
So far an aluminium toxic sludge spill has claimed the lives of eight people in Hungary, according to authorities reports. The body of the eighth victim of the water poisoning was found near the town of Devecser (Western Hungary). Government officials said that the poison was allegedly caused by neglect at the Hungarian Aluminium Co [...]
The Hungarian Parliamentary committee responsible for nominating delegates for a new Media Tribunal (to oversee Hungary’s media business) has allegedly become biased and is only filling suggestions to appoint members of the Ruling Hungarian centre-right party, FIDESZ (i.e: its own party soldiers). Reportedly the new tribunal will have no opposition party members in an attempt [...]
Hollywood superstar Brad Pitt (who played Achilles in the Hollywood bock-buster Troy, and his twins have allegedly joined Angelina Jolie Voight and their other children in Budapest, reports said. The Troy star had reportedly flown all the way from the walking city to the Hungarian capital in their private jet. Pitt was said to have [...]
October 6 is officially the national day to be sad in Hungary, according to the central legislation that officially announced that the day be declared the “Day of National Mourning” since 2001. This day in Budapest the national flag was lowered to half-mast accompanied by a military display of honours in front of the Parliament. [...]
In our country the Lifetree programme has been professing natural health preserving in physical, mental, spiritual and material sense for a decade. It has had serious professional background support in every mentioned area. We organise a health day joined with a world-record set in Ferenc Puskás Stadium for the second time. Visitors are in front [...]
