On May 29, 2025, the Hungarian State Treasury withdrew 10.2 billion forints from the account of the Municipality of Budapest, despite the city having requested immediate legal protection against the garnishment.According to Budapest Mayor Gergely Karácsony, this action was unlawful and immoral, and a criminal complaint is being filed againstContinue Reading

El Pais – The Spanish government has blocked the acquisition of Talgo by the Hungarian Ganz-Mávag Group, citing „national security risks.” The government rejected the acquisition, citing the protection of strategic interests and the company’s economic security. Following the suspension of the deal, the train manufacturer’s shares dropped by upContinue Reading

An ice rink named „Savoyai Ice Terrace” will open on Friday in the Buda Castle Palace District, the organizers announced to MTI on Thursday. The announcement quotes Gábor Kőrösi, the Director of Communications and Marketing at the Castle Headquarters, who stated that great efforts are being made to bring lifeContinue Reading