The Hungarian Government has launched another initiative to create and preserve workplaces. Experts said that the government wishes to create at least 3,000 new workplaces this year, while preserving a further 6,000 already existing jobs that could easily see redundancies this year. They said that Labour Secretary Sandor Czomba has called for parliament to be [...]
Germany’s F1 racing driver Nick Heidfeld (33) has been called to replace the injured F-1 Renault team Polish driver Robert Kubica (26) at the start of the new season (March 13, 2011 in Bahrein), based on official statment released on Wednesday night (Feb 16, 2011). The announcement was made by the Malaysian-based Lotus sportscar manufacturing [...]
Due to a major rise in criminal offences committed in the Republic of Hungary in 2010, the National Police (ORFK) have pledged to almost double the force – a source at ORFK told Budapest Report. He was referring to a speech made by ORFK top brass Jozsef Hatala, at a convention on Monday (February 14, [...]
After 30 years of the military dictatorship of Hosni Mubarak, the Arab Republic of Egypt is experiencing a power vacuum after the abrupt resignation of its president on Friday night (Feb 11, 2011). Only a 24 hours earlier Mubarak vowed he would never resign, but world politics have allegedly convinced him to change his mind, [...]
World famous Hungarian-born Hollywood Film Producer Andrew G. Vajna granted this exclusive interview with XpatLoop.com in Budapest. He shared insights with us about his childhood in Hungary, his love for cooking with fresh Hungarian ingredients, and his dream of experiencing life in the time of the Pharaohs. Mr. Vajna was open, witty, and friendly in [...]
American Airlines and Malev have promised to start daily direct flights between the Goulash capital and New York as of April 6, 2011. This was announced on Tuesday (Feb 8, 2011) by representative Kurt Stache in Budapest. The financially troubled Hungarian state-owned national carrier Malev believes that this new seat-sharing agreement will help increase ticket [...]
At the invitation of the European Chambers in Hungary, Minister of National Economy György Matolcsy addressed about 300 European business leaders at a business luncheon on Thursday. At the event Maurizio Sauli, incumbent Chairman of the European Chambers in Hungary, emphasized that European business has continuously being proving that it is strongly committed to contribute [...]
According to government sources undisclosed by origo.hu, Hungarian Prime Minister Viktor Orban’s trip to Egypt just days before the uprising was “hurried” by EU foreign policy leaders, although none foresaw the coming domestic crisis. The sources, close to the Hungarian Government and the Foreign Ministry, said Brussels has not criticized Orban due to the timing [...]
Organisers of the 14th annual Budapest Burns Supper, held at the Corinthia Hotel Budapest on Saturday 29 January, say it hit its charity fund raising target. The evening, held in honour of Scotland’s national bard, Robert Burns, has become a major event in the Budapest social calendar, and has raised hundreds of millions of forints [...]
Leading real estate developer (and allegedly the richest man in Hungary), Sandor Demjan, said the “international environment” could assimilate Hungary soon without improvement in employment and production statistics. This could mean the disappearance of the country as we know it, he said. Demjan said the new development scheme named after the greatest Hungarian, Count Szechenyi, [...]
