DailyNewsHungary

György Matolcsy, the former governor of Hungary’s central bank, has been detained on suspicion of economic fraud causing significant financial damage and using a forged private document, his lawyer has confirmed.

László Kövér, former Speaker of Hungary’s National Assembly and a co-founder of Fidesz, has admitted that the party failed to address several important issues during its 16 years in government, singling out the country’s education system as an area that h…

Ryanair chief executive Michael O’Leary expects airfares to rise by as much as 20% next year as soaring fuel costs put pressure on airlines.

Hungary could adopt the euro as early as 2032, but Brussels-based economists warn that meeting the official entry criteria will not guarantee success.

Reducing the personal income tax rate on the minimum wage to 9 percent will cost the budget 250 billion forints (EUR 670m) in 2027, as revenue of roughly the same amount is expected from the wealth tax on billionaires, Prime Minister Péter Magyar said in…

Inspired by Alice in Wonderland, this year’s Lumina Park welcomes visitors from Tuesday on Margaret Island, at the Palatinus Baths in Budapest.

Hungary is preparing a series of commemorative events to mark the 70th anniversary of the 1956 Revolution and War of Independence, with concerts, historical performances and a special vintage tram among the highlights of the celebrations in Budapest on 22…

Two men verbally abused, pushed around and spat at a ticket inspector on a train in eastern Hungary.

Israeli President Isaac Herzog met Hungarian President András Baka in Budapest on Tuesday, praising bilateral ties and Hungary’s commitment to protecting Jewish communities ahead of the 70th anniversary of the 1956 Hungarian Revolution.

Hungary could face claims worth several billion euros if it terminates its contract with Russia’s Rosatom to build the Paks II nuclear power plant, according to a Hungarian nuclear energy expert.

Hungary’s government plans to cut state spending by HUF 1,465 billion (EUR 4 billion) in 2027 by eliminating wasteful expenditure, reforming public spending and reviewing contracts.

An iconic restaurant in Encs has retained its title as Hungary’s Best Pizza, while the Dining Guide’s 2026 top 10 includes five Budapest venues and five from elsewhere in the country.

The average monthly net salary in Hungary’s wealthiest settlement reached HUF 920,000 in 2025, compared with just HUF 75,000 in the poorest, which shows the country’s stark regional inequalities, according to a new analysis by GKI.

The package of measures announced in the 2027 budget, including the Wekerle Plusz programme and the extension of the reduced 5% VAT rate on new homes, could give Hungary’s housing market fresh impetus, property portal ingatlan.com told the MTI on Tuesday.

Hungary and Slovakia are calling for greater flexibility and more EU funding as the bloc prepares to end Russian energy imports in 2027, warning that replacing existing supplies could prove costly for Central Europe.

The debate on the 2027 budget should be conducted once the draft is known, Fidesz parliamentary group leader János Bóka said at Monday’s sitting of parliament, responding to the prime minister’s speech before the agenda.

Russia highly values US mediation efforts to resolve the conflict in Ukraine, Kremlin spokesman Dmitry Peskov said Monday.

Europe is heading towards a potentially snow-poor winter in 2026–2027, with the latest seasonal models pointing to below-average snowfall across much of the continent.

A 62-year-old German man has been arrested in Hungary on suspicion of stealing 22 gold bars worth more than HUF 13.6 million (approximately EUR 37,500) from a woman’s garden after she showed him exactly where they were buried.

Hungary’s government will replace the previous administration’s Otthon Start housing loan scheme with a new programme offering more targeted support for young homebuyers, housing savings and energy-efficient renovations from 2027.

French President Emmanuel Macron will not attend Hungary’s 70th anniversary commemorations of the 1956 Revolution, while European Commission President Ursula von der Leyen is expected to deliver a speech in Budapest.

Hungarian Prime Minister Péter Magyar has announced a series of economic measures, including a new housing support scheme to replace the Otthon Start programme, expanded funding for affordable rental homes and student accommodation, the gradual removal of…

Hungarian Prime Minister Péter Magyar has unveiled the Tisza government’s first budget, promising lower income taxes for two million people, doubled family allowances and a major increase in healthcare spending in 2027.

A shocking video showing two masked young people riding on top of a moving metro train in Budapest has circulated on social media, prompting a police investigation.

More than 70 educational institutions across Hungary were targeted by bomb threats on Monday morning, 19 October, after threatening emails claimed explosives had been planted in schools nationwide.

What happens to our sense of time when we cross the threshold into another world?

Hungary’s average advertised residential property prices have reached a significant negative milestone, surpassing HUF 1 million per square metre for the first time, reaching a record HUF 1.004 million in September.

Hungary’s economic outlook could improve significantly over the next two years, with growth accelerating, inflation remaining relatively low, and the euro potentially falling to HUF 350 by the end of 2028, according to a new forecast from Raiffeisen Bank.

Former Prime Minister Viktor Orbán has hinted at unfinished political ambitions while outlining plans to rebuild Fidesz after its election defeat.

Did you know that during the Hungarian Revolution of 1956, revolutionaries toppled the statue of a Soviet soldier standing beside Budapest’s iconic Liberty Statue, while the Liberty Statue itself also came close to being removed?

A Romanian national is facing charges of human trafficking and forced labour after allegedly assaulting, threatening and exploiting a vulnerable Hungarian man, including forcing him to work for little or no pay in Hungary and abroad.

The government will terminate the contract for Budapest’s Southern Railway Ring and order Lőrinc Mészáros’s V-Híd to leave the construction site, citing suspected collusion in the tender process that could put HUF 320 billion (EUR 0.88 billion) in EU fund…

Ágnes Forsthoffer welcomed a delegation led by Republican Congresswoman Virginia Foxx to Hungary’s Parliament, where discussions focused on strengthening bilateral parliamentary ties and addressing the country’s key challenges.

Hungary’s government is considering a 15 per cent tax on unrealised gains for wealthy Hungarians who change their tax residency and move abroad.

An 18-year-old secondary school student has been missing from Budapest for three days, with police appealing to the public for information about his whereabouts.

Exactly ten years after it was shut down, the online edition of Népszabadság, a former popular daily, was relaunched on Thursday, with the weekly print edition set to reach readers a week later, its editor-in-chief has said.

A traffic dispute in Budapest reportedly escalated into a chaotic confrontation after a woman drove for more than 100 metres with a taxi driver clinging to the bonnet of her car.

A 15-year-old boy suffered serious-looking injuries after several youths allegedly attacked him with willow branches in a park in Pilis, near Budapest, on Wednesday.

Some members of Hungary’s former economic elite are reportedly looking to make deals with the new Tisza government, with one wealthy oligarch allegedly offering to return assets and money in exchange for protection from prosecution.

Wizz Air has scrapped its planned winter return to Abu Dhabi and Dubai, citing ongoing airspace restrictions that have made the routes commercially unviable.

In the framework of the celebration of the 80th anniversary of diplomatic relations between the Republic of Ecuador and Hungary, the Embassy of Ecuador successfully hosted a magnificent series of cultural events last week.

Hungary and Türkiye are restarting structured cooperation between their foreign ministries and opening a new dialogue on security policy, Hungarian Deputy Prime Minister and Foreign Minister Anita Orbán said following talks in Ankara on Thursday.

The proposed Defence, Security and Resilience Bank could add a new financing channel for defence production, military mobility and critical infrastructure.

At least 33 people have been killed and another 18 injured after Russian glide bombs struck two civilian buses in Kramatorsk, eastern Ukraine, according to Ukrainian officials and rescue workers.

A Polish-Hungarian friendship dating back centuries may seem far removed from today’s electricity bills, but a recent energy forum in Budapest offered an unexpected connection between the two.

A majority of residents who took part in a local vote in Budapest’s District 1 support completely banning short-term rentals such as Airbnb, although the result does not automatically introduce a ban.

Indian Prime Minister Narendra Modi marked 25 consecutive years as a head of government on 7 October 2026, a milestone spanning his tenure as Chief Minister of Gujarat and his leadership of India since 2014.

A government investigation into the Bicske children’s home has found that far more children may have been abused by its former director than those who came forward or took part in the criminal proceedings, Child Rights and Child Protection State Secretary…

Revolut has reportedly cancelled a large number of recent card transactions in Hungary, returning the money to customers, but the refunded amounts may not be theirs to spend.

Hungary’s long-awaited Budapest-Belgrade railway is moving closer to completion, with domestic passenger services potentially launching in the second half of October and international trains following in December.