Budapest

Budapest (Hungarian: [ˈbudɒpɛʃt]; names in other languages) is the capital and the largest city of Hungary, and one of the largest cities in the European Union. It is the country's principal political, cultural, commercial, industrial, and transportation centre, sometimes described as the primate city of Hungary. According to the census, in 2011 Budapest had 1.74 million inhabitants, down from its 1989 peak of 2.1 million due to suburbanisation. The Budapest Metropolitan Area is home to 3.3 million people. The city covers an area of 525 square kilometres (202.7 sq mi). Budapest became a single city occupying both banks of the river Danube with the unification of Buda and Óbuda on the west bank, with Pest on the east bank on 17 November 1873.

The history of Budapest began with Aquincum, originally a Celtic settlement that became the Roman capital of Lower Pannonia.Hungarians arrived in the territory in the 9th century. Their first settlement was pillaged by the Mongols in 1241–42. The re-established town became one of the centres of Renaissance humanist culture by the 15th century. Following the Battle of Mohács and nearly 150 years of Ottoman rule, the region entered a new age of prosperity in the 18th and 19th centuries, and Budapest became a global city after its unification in 1873. It also became the second capital of the Austro-Hungarian Empire, a great power that dissolved in 1918, following World War I. Budapest was the focal point of the Hungarian Revolution of 1848, the Hungarian Republic of Councils in 1919, the Battle of Budapest in 1945, and the Revolution of 1956.

Latest News for: Budapest law

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Hungary: Planned election law change could hamper opposition

Beaumont Enterprise 24 Nov 2020
BUDAPEST, Hungary (AP) — Hungary’s government is considering an electoral law amendment that would make it harder for opposition parties to pursue their unity strategy against the powerful ruling party in future elections ... Currently, election law requires that parties must run ......
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Mayors of Budapest & Warsaw revolt against Hungarian & Polish govts, ask EU to send ...

Russia Today 24 Nov 2020
Mitigating the effects of the coronavirus pandemic turned out to be less important for the two governments than maintaining the ability to “protect their corrupt interests, attack the rule of law and promote illiberal policies,” Budapest city head Gergely Karacsony and his Warsaw counterpart Rafal Trzaskowski added....
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Europe’s failings are on display as the second wave hits hard

Business Day 24 Nov 2020
Thankfully, this year’s second downturn appears less pronounced than spring’s sharp contraction ... Hungary and Poland are threatening to veto the multi-year budget because of the linkage of payments to abiding by the rule of law. Warsaw and Budapest are likely to backtrack, since a veto would deprive them of financial aid at a time of acute distress....
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Europe needs to tackle economic fallout of Covid hard and fast

The Irish Times 24 Nov 2020
Contraction ... That’s much less than the second quarter’s 11.8 per cent fall ... Response ... Limits ... Hungary and Poland are threatening to veto the multi-year budget because of the linkage of payments to abiding by the rule of law. Warsaw and Budapest are likely to backtrack, since a veto would deprive them of financial aid at a time of acute distress ... ....
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Hungary-led Vetoes Against New EU Budget Further Fragments the Bloc’s Unity

GlobalResearch 20 Nov 2020
Hungary, Poland and Slovenia have blocked the EU’s budget and post-COVID recovery plan in order to oppose conditions that European aid must be connected to “respecting the rule of law.” Budapest, which is leading the veto, blocked the budget after Prime Minister Viktor Orbán ......
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The EU should not let Hungary and Poland thwart its ambitions

Live Mint 19 Nov 2020
They know they are violating the rule of law in egregious ways, and do not want to pay the consequences ... The rule-of-law regulations have been adopted ... Conveniently, Orbán is [seen as] planning to introduce the latest changes to the electoral law while the pandemic is raging, Budapest is under curfew, and soldiers are patrolling the streets....
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Row over rule of law upstages EU summit

Taipei Times 19 Nov 2020
Poland and Hungary have accused fellow EU members of trying to grab power by linking EU funding to respect for ‘European values’ and the rule of law. AP and AFP, BUDAPEST and BRUSSELS ... Their objection? A new “rule-of-law mechanism” that would allow the bloc to deny funds to ......
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EUR/USD falls as EU funding concerns converge with lockdown risks

Invezz 19 Nov 2020
“Either the bloc drops a mechanism that would tie some of its funds to the rule of law, which Budapest and Warsaw are accused of dismantling, or the EU can say goodbye to its next seven-year budget and an associated stimulus program to overcome the coronavirus recession.” US Covid deaths and cases rise....
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Hungary, Poland block EU budget and recovery fund

Sina 17 Nov 2020
... the rule of law ... The nationalist governments in Budapest and Warsaw are against linking EU money and respect for the rule of law because they are under a formal EU process investigating them for undermining the independence of courts, media and non-governmental organizations....
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EU urges Poland, Hungary to sign up to big money budget

Springfield News-Sun 17 Nov 2020
In Warsaw and Budapest, right-wing governments are adamantly opposed to the rule of law mechanism that could cause them to lose EU money if they continue with policies seen as eroding democratic standards ... the rule of law or democracy, said deputy foreign minister Pawel Jablonski....
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Poland, Hungary veto EU budget over rule-of-law issue

Federal News Radio 17 Nov 2020
WARSAW, Poland (AP) — Poland and Hungary on Monday vetoed the European Union’s next seven-year budget and a massive coronavirus recovery plan due to a new mechanism that links EU funding to the rule of law, plunging the 27-nation bloc into a political crisis ... Justin Spike in Budapest and Lorne Cook in Brussels contributed to this report....
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Hungary, Poland block EU budget, virus recovery money

Manila Standard Today 17 Nov 2020
Warsaw and Budapest oppose tying EU funding to respect for the rule of law and their envoys vetoed any decision to proceed -- effectively blocking the bloc's virus strategy ... "If you respect the rule of law there is nothing to fear ... their spending is in line with EU law....
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Poland expects concessions after vetoing EU budget

RTE 17 Nov 2020
Warsaw and Budapest oppose tying EU funding to respect for the rule of law and their envoys vetoed any decision to proceed - effectively blocking the EU's coronavirus strategy ... "If you respect the rule of law there is nothing to fear ... their spending is in line with EU law....

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