Hungarian Prime Minister Gordon Bajnai gave an interview today to CNBC and spoke at length about how Hungary averted a financial meltdown in late 2008. CNBC spoke with Bajnai, the country’s interim centre-left prime minister, on Kossuth Square, right outside Parliament. The network’s reporter opened the interview by noting that the crisis in Hungary peaked just over a year ago, when interest rates rose to as high as 11 percent and when the former economic power-house of Central Europe had to turn to the International Monetary Fund, in order to obtain a $25 billion loan. At the time, Bajnai served as Hungary’s economy minister, but ascended to the prime ministership following the sudden resignation of his Socialist predecessor, Ferenc Gyurcsány, this past spring. Tovább a folytatás olvasásához
A new website entitled Visegrad-4 was launched earlier this week and it aims to serve as an independent English-language news source for Hungary, Poland, the Czech Republic and Slovakia. The site notes that these East/Central European states share a common historical heritage, each of them having been impacted by pre-World War I empires, Soviet influence and a … Tovább a folytatás olvasásához
A power failure Saturday evening at Budapest Ferihegy Airport’s Terminal 2A resulted in scores of delayed flights, as authorities attempted to evacuate passengers from the building and transfer all flights and bags to Terminal 2B, located right next door. The electricity went out at 8pm local time and power will likely only be restored Sunday … Tovább a folytatás olvasásához
Christopher Adam According to a press release circulated minutes before midnight (Central European Time) on 31 August 2009, SkyEurope has formally declared itself bankrupt and has canceled all of its flights. Bratislava’s Letisko M.R. Stefánik’s airport’s website now lists all of the Slovak discount carriers flights as canceled and SkyEurope’s own website carries a message … Tovább a folytatás olvasásához
Christopher Adam SkyEurope has stranded more than 1,200 passengers at Bratislava’s Letisko-M.R. Stefánik Airport earlier today, when it decided to cancel all of its afternoon and evening flights without any warning. As we reported earlier today, as well as last week, SkyEurope teeters on collapse, as airports in Vienna and Prague have decided to ban … Tovább a folytatás olvasásához
Christopher Adam SkyEurope’s financial situation went from bad to worse today, after Prague Airport decided that it would no longer serve the Slovak low-cost carrier’s flights until it paid its outstanding debt. Prague’s move follows the Vienna Airport’s decision to cancel all SkyEurope flights due to unpaid bills, which forced the carrier to transport ticket-holders … Tovább a folytatás olvasásához
Christopher Adam Simmering tensions threatened to boil over between Hungary and Slovakia, as Slovak Prime Minister Robert Fico decided to ban Hungarian President László Sólyom from visiting Slovakia, in order to unveil a statue of Saint Stephen, Hungary’s founding king, in the southern Slovak town of Komarno (Komárom). According to the most recent census, more … Tovább a folytatás olvasásához
Christopher Adam Hungarian low-cost carrier Wizz Air has now clearly overtaken its main regional rival, Slovakia’s SkyEurope. Once Eastern Europe’s largest discount airline, SkyEurope has failed to turn a profit since its founding in 2002 and was forced to file for creditor protection in June 2009. Since then, the Slovak carrier’s woes have only gotten … Tovább a folytatás olvasásához
Christopher Adam Hungarians usually refer to the doldrums of August as the “pickle season.” In a modest parallel to Canada’s cottage season, many Hungarians traditionally flee their city apartments to work tiny plots of land behind weekend houses, the majority of which were granted to them during the bygone days of socialism. But this year … Tovább a folytatás olvasásához
Party Lists Percent Seats Fidesz – Alliance of Young Democrats 56.37% 14 Hungarian Socialist Party (MSZP) 17.37% 4 Jobbik – Movement for a Better Hungary 14.77% 3 Hungarian Democratic Forum 5.30% 1 Alliance of Young Democrats (SZDSZ) 2.16% 0 Hungary’s centre-left parties, the Socialists (MSZP) and the liberal … Tovább a folytatás olvasásához
The Canadian Hungarian Journal and the Canada Hungary Educational Foundation are organizing a lecture evening at the University of Ottawa, on May 25, 2009 at 7pm, which will include presentations by three Hungarian academics. Historian Mária Palasik of the Historical Archives of Hungarian State Security in Budapest will begin the evening by discussing the role that … Tovább a folytatás olvasásához
April 20th being Holocaust Memorial Day world-wide, it struck me as particularly sad that on the preceding weekend a gentleman, István Dósa, leader of a radical nationalist organization in Hungary, spoke before 200 supporters in front of the German Embassy and in essence stated that “nothing of the Holocaust was true”. For a nation that had a 900,000 strong Jewish Hungarian … Tovább a folytatás olvasásához
The 11th Blue Metropolis Montreal International Literary Festival will feature a Hungarian contingent consisting of two writers and a publisher, who will participate in events in French, English and Hungarian. Award-winning writer Krisztina Tóth is one of Hungary’s most highly acclaimed poets. Her poetry has been translated into many languages and published in English by … Tovább a folytatás olvasásához
Forty-one year old Gordon Bajnai became democratic Hungary’s seventh prime minister on Tuesday, when MPs of the Hungarian Socialist Party (MSZP) and the Alliance of Free Democrats (SZDSZ) joined together to elect recently resigned Ferenc Gyurcsány’s replacement. Bajnai, who is not a member of the Socialist Party, now faces the unpleasant task of introducing massive … Tovább a folytatás olvasásához
Gordon Bajnai, the Socialist government’s development minister, was nominated to replace outgoing Prime Minister Ferenc Gyurcsány in the early hours of the morning, following desperate, marathon meetings within the Hungarian Socialist Party (MSZP) and the liberal Alliance of Free Democrats (SZDSZ). Assuming that Bajnai’s supporters are able to muster a thin majority in parliament next … Tovább a folytatás olvasásához