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August
in Review
  Event
of the Month: Despite Péter Megyessy’s stepping
down as Hungarian prime minister, the news had little effect
on the Budapest Stock Exchange and the country’s currency
marketally of America
August
in Review
News
in Brief
 Interview
 Hungarian
Ambassador to Washington András Simonyi,
who formerly served as the country\’s NATO
ambassador, talks about his role in the US
as well as Hungary’s role in the trans-Atlantic
relationship between America and Europe
EU
Affairs
 A
new and expanded 25-nation European Commission begins operating
Nov. 1, and aims to erase citizens’ apathy through more transparency
and better communication
Trends
 Attila
Szalay-Berzevicky was named the new chair of the Budapest Stock
Exchange in mid-summer, after HVB Bank Hungary, Szalay-Berzevicky’s
former employer, bought a 25% stake in the Budapest bourse
 HBO’s
Central European CEO, Phil Roter, discusses how the channel
paved the way for the pay-TV market in Hungary and beyond
 Executive
profile: Konrad Kreuzer, chairman of the board at
E.ON Hungária Rt., discusses the deregulation of Hungary’s
energy sector
 Despite
the first phase of energy liberalization in Hungary, free power
traders are criticizing the Hungarian government’s ongoing
heavy-handed and direct involvement in the energy sector
 Hungarian
exports, which have suffered major setbacks in the past few
years, came back in a big way, posting numbers not seen for
four years
 In
the first major effort to market the City of Budapest, one
of the world’s largest consulting firms recently won a HUF
15 million tender to develop a brand name for the capital city
 One
of Hungary’s most famous landmarks, the Gresham Palace, has
been revived and reopened as a five-star hotel downtown. Left
in disrepair for decades, the majestic Gresham Palace at the
foot of the Chain Bridge has been restored to its original
glory and is now operated by the Canadian-based Four Seasons
hotel chain.
Real
Estate 
A
look at the Szigony Project, a program aimed at renovating chunks
of Budapest’s VIII District
Real
Estate in Brief
Arts & Leisure
 Day
spas - different from the average thermal bath - are popping
up around Hungary, aimed at wellness for the body, mind and
soul and targeting an increasingly health-conscious market
Restaurant
review: Ristorante Matteo
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