The opposition Democratic Forum will ask Prime Minister
nominee Gordon Bajnai to support calling early elections in the autumn,
party leader Ibolya David said on Wednesday. Continue »

The International Monetary Fund (IMF) last Thursday
approved the disbursement of the next chunk of Hungary’s EUR 11.76
billion rescue loan. Hungary now has access to a further 2.35 billion,
bringing the total received to EUR 7.05 billion. The IMF loan was part
of a rescue package that, combined with loans from the EU and the World
Bank, totalled about EUR 20 billion. It was announced last October,
when Hungary was on the brink of defaulting on foreign debts. Continue »

A Trabant is currently standing on the steps of the
Hungarian National Museum, waiting for a barrier to open. It sets the
mood for the Hungarian Press Photo 2008 exhibition, part of which is
dedicated to photographs documenting GDR residents fleeing to Austria
twenty years ago. Continue »

To understand why Hungary’s economic crisis is
imperiling Eastern Europe and the rest of the Continent, consider the
pension application of 40-year-old Tamás Szabó. Continue »

German police last week confessed that a female serial
killer they have failed to track down for over a decade and a half may
not even exist. The “Phantom of Heilbronn”, dubbed the country’s most
dangerous woman, was wanted in connection with six murders. Continue »

If your business is one of the many businesses that needs additional
equity capital, then you have a basic choice: do you seek the expertise
and capital of a financial or strategic investor? The two have very
different implications. Continue »