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

The tradition of the Csárdás dance was added to the Representative List of the Intangible Cultural Heritage of Humanity on Wednesday by UNESCO’s Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage during its session in Asunción, Paraguay. Hungary’s professional coordinator for the Convention for the Safeguarding of theContinue Reading