Complete coverage on


Latest Stories The Revolution Gamesupdated: Fri Jun 15 2012 12:20:00

This story appears in the June 18, 2012, issue of Sports Illustrated. Buy the digital version of the magazine here. What became of 1956 Hungarian Olympians?updated: Wed Jun 13 2012 15:17:00

Here is what became of the Hungarian athletes and coaches who defected after the 1956 Melbourne Games. Some of them returned home, where they were welcomed back and some even represented Hungary in later Olympics. Those who remained in the U.S. pursued a variety of careers, not just in sports, and many raised families and achieved considerable success.

Daimler gears up in Hungaryupdated: Thu Jun 07 2012 05:58:00

As the car industry suffers declining sales and excess production, luxury brand Mercedes-Benz is making a billion dollar bet on a niche slice of the market.

Police: Man kills 4, wounds 3 in Hungary sword attackupdated: Fri Apr 06 2012 11:17:00

Police in Hungary say a 24-year-old man killed four people with a sword and injured three others after a family argument.

Sports reflecting the politics of warupdated: Fri Mar 02 2012 11:45:00

In 1956, the politics of war played out in a dramatic encounter between the Hungarian and Soviet water polo teams.

Hungary's controversial constitutionupdated: Thu Feb 23 2012 12:59:00

EU Justice Commissioner Viviane Reding talks to CNN about the international legality of Hungary's new constitution.

EU threatens legal action over controversial reforms in Hungaryupdated: Tue Jan 17 2012 14:53:00

The European Commission warned Hungary Tuesday it faces legal action over controversial reforms introduced by Hungarian Prime Minister Viktor Orban's government.

EU threatens Hungary over new lawsupdated: Tue Jan 17 2012 14:53:00

Viktor Szabo, formally of the Natl. Bank of Hungary, talks about the EU and IMF threatening to withhold aid from Hungary.

Neighbors send euro troubles to Austriaupdated: Tue Jan 17 2012 02:52:00

Downgrade -- the most feared word in Europe's financial lexicon. Most attention Friday was focused on France -- Europe's second largest economy -- as Standard & Poor's cut its rating on French sovereign debt.

Austrian downgrade reflects Europe's complex web of problemsupdated: Mon Jan 16 2012 15:35:00

Downgrade -- the most feared word in Europe's financial lexicon. Most attention Friday was focused on France, Europe's second-largest economy, as Standard & Poor's cut its rating on French sovereign debt. But the debt of several other countries also received the Mark of Cain, including Italy, Spain, Portugal -- and Austria, whose debt rating was cut by one notch from its AAA status.

Is Hungary next country to face crisis?updated: Mon Jan 16 2012 10:02:00

Unlike Greece, Spain and Italy, Hungary does not use the euro single currency, but it is afflicted by similar debt problems. Fears are now growing that Hungary could go bankrupt, prompting it to request help from the European Union and the International Monetary Fund. So is Hungary the next step on Europe's path to meltdown?

Hungary under pressure from Europeupdated: Mon Jan 16 2012 10:02:00

The European Commission dials up the pressure on Hungary, as its government downplays the country's financial woes.

Huge crowds protest Hungary's new constitutionupdated: Tue Jan 03 2012 13:25:00

Tens of thousands of people protested against Hungary's new constitution in Budapest Monday night, demanding that Prime Minister Viktor Orban resign.

Hungary's 'fragile' democracy threatenedupdated: Fri Dec 23 2011 13:40:00

Critics accuse the Hungarian government of moves that threaten its financial future. CNN's Matthew Chance reports.

Zimbabwean woman wins top writing prize for tale of starving childrenupdated: Tue Jul 26 2011 11:50:00

Zimbabwean NoViolet Bulawayo has won the Caine Prize for African Writing for her short story "Hitting Budapest."

66 years later, B-17 crewman's remains finally going home to Iowaupdated: Thu Jun 09 2011 12:19:00

Staff Sgt. Marvin Steinford was 22 years old when he climbed into the nose of a B-17 "Flying Fortress" in Amendola, Italy, and left on a mission bound for Berlin during World War II.

Nazi war suspect's trial opens in Hungaryupdated: Thu May 05 2011 23:48:00

One of the world's most wanted Nazi war suspects, Sandor Kepiro, 97, went on trial Thursday in Hungary charged with the slayings of 36 Jews and Serbs in Novi Sad, Serbia, in 1942.

Spain and Netherlands remain 100 per cent in Euro qualifiersupdated: Tue Mar 29 2011 18:03:00

World Cup finalists Spain and Netherlands both retained their 100% records in Euro 2012 qualifying on Tuesday, although neither nation had things their own way against Hungary and Lithuania respectively.

Report: 3 killed in stampede at night club in Hungaryupdated: Mon Jan 17 2011 03:07:00

Three women died after a stampede at a night club in Hungary's capital, state media reported.

Online protest taking to streets in Hungaryupdated: Fri Jan 14 2011 13:32:00

Protesters who banded together online are expected to take to the streets of Hungary on Friday to protest a controversial new media law that triggered an avalanche of criticism. Off-Duty Hollywood: Brad Pitt Takes Daughter Shiloh on a Zipline in Budapestupdated: Mon Nov 08 2010 19:49:00

Plus: Gwen Stefani has a playdate in the park with son Zuma and more star sightings

Hungary plant that leaked toxic sludge to reopenupdated: Thu Oct 14 2010 12:14:00

The aluminum plant at the heart of the deadly toxic red sludge spill in Hungary will resume production at the end of the week, government officials said Wednesday.

Workers building emergency dams to stem second toxic spillupdated: Tue Oct 12 2010 15:24:00

Workers in Hungary were racing Tuesday to build three emergency dams to stem an expected second toxic spill from an aluminum plant.

Toxic sludge spill could happen elsewhere, campaigners warnupdated: Tue Oct 12 2010 09:55:00

Shocking safety lapses exposed by the deadly Hungary toxic sludge spill could be repeated at thousands of industrial sites around the world unless regulations are tightened dramatically, campaigners have warned.

Chief of company behind toxic sludge spill in Hungary arrestedupdated: Mon Oct 11 2010 17:22:00

The head of the company at the center of a toxic spill in Hungary has been arrested, accused of public endangerment and harming the environment, authorities said Monday.

Authorities anticipating second wave of toxic sludge in Hungaryupdated: Sun Oct 10 2010 23:12:00

Residents were evacuated and soldiers were on standby Sunday as authorities believe a damaged reservoir wall may unleash a second wave of toxic sludge onto a Hungarian village, an official said.

Hungary toxic sludge death toll reaches 7updated: Fri Oct 08 2010 16:18:00

The death toll from a toxic sludge spill in Hungary rose to seven Friday after an additional body was found, according to a spokeswoman for Hungary's emergency services department.

Red toxic sludge coats neighborhoodupdated: Fri Oct 08 2010 03:45:00

CNN's Nic Robertson walks through a neighborhood in Devecser, Hungary, where residents and officials are cleaning up.

Hungary asks for help cleaning up sludgeupdated: Fri Oct 08 2010 03:45:00

The Hungarian government Thursday made an urgent request to the European Union for help in the cleanup effort after a reservoir holding industrial waste burst earlier in the week.

Sludge cleanup begins in Hungary as search for victims goes onupdated: Thu Oct 07 2010 02:49:00

Rescue workers searched Wednesday for six elderly people missing at Kolontar, one of three villages in southwest Hungary that was hit Monday by a wave of toxic red sludge from an alumina plant reservoir that burst.

Massa's emotional Hungary return; Monaco handed 10-year dealupdated: Wed Jul 28 2010 16:03:00

Formula One star Felipe Massa plans to thank the people who helped save his life a year ago as he makes an emotional return to Hungary this week.

CNNMoney: Wall Street: Bring on the profit reportsupdated: Mon Jul 19 2010 17:46:00

Stocks closed higher Monday, recovering from earlier weakness, as optimism about corporate results due this week outweighed ongoing concerns about the economy.

CNNMoney: Ireland, Hungary raise fresh concernsupdated: Mon Jul 19 2010 06:04:00

Fresh concerns over Europe's debt problems surfaced Monday after Ireland's debt rating was downgraded and talks between Hungary and the International Monetary Fund reached an impasse.

War crimes suspect averts extradition from Australiaupdated: Fri Jul 02 2010 10:30:00

A man wanted in Hungary for the torture and killing of a Jewish teenager during World War II averted extradition Friday after an Australian federal court ruled in his favor, an Australian news agency reported.

Is Hungary the next Greece?updated: Mon Jun 07 2010 14:18:00

CNN's Richard Quest asks European Commission President Jose Manuel Barroso whether Hungary is a cause for concern.

CNNMoney: Dow drops 324 points as euro sinksupdated: Fri Jun 04 2010 19:19:00

Stocks slumped Friday after a government report showed employers added fewer jobs than expected last month and the euro plunged to a new 4-year low, reviving worries about the health of the European economy.

CNNMoney: Markets go on a Hungary strikeupdated: Fri Jun 04 2010 16:29:00

Just when we all got used to referring to Europe's fiscal crisis with the tidy little acronym of the PIIGS, another European country is angling for admittance into the bad debt club.

Change is in the air in Hungaryupdated: Mon Apr 26 2010 18:33:00

After eight years of Socialist rule, there's a new political landscape in Hungary. CNN's Becky Anderson reports.

Center-right Fidesz party sweeps to victory in Hungaryupdated: Mon Apr 26 2010 18:33:00

Hungary awoke Monday to a new political landscape after the center-right opposition Fidesz party took decisive election victory, ending eight years of Socialist rule.

Center-right crushes ruling Socialists in Hungary voteupdated: Sun Apr 11 2010 21:25:00

Hungary's center-right Fidesz party won a sweeping victory in the first round of parliamentary elections Sunday, crushing the ruling Socialists in a country battered by the global economic recession.

Soros: In revolutionary times the impossible becomes possibleupdated: Wed Nov 04 2009 10:50:00

From the mid-1980s, Hungarian-born investor and philanthropist George Soros pumped hundreds of millions of dollars into foundations in Eastern Europe dedicated to promoting the idea of the "open society" and challenging the region's Soviet-backed regimes. Since then his Open Society Institute has evolved into a network of foundations and offices working in over 60 countries. Here, writing exclusively for, he describes how the work of his foundations ultimately contributed to the collapse of communism.

Four sent off as Hungary reach U-20 semifinalsupdated: Fri Oct 09 2009 17:02:00

Hungary are through to the under-20 World Cup semifinals after a dramatic 3-2 victory over Italy in Suez in a match which saw four players sent off, three for the Italians, the official FIFA Web site has reported.

From the next Berlin to the new Acropolis museumupdated: Fri Mar 13 2009 10:56:00

From the Czech Republic to Greece, the eastern part of Europe is changing so fast that you could visit every year and feel as if you've experienced something completely new.

2 killed in Hungary school shootingupdated: Wed Jan 07 2009 20:32:00

A principal and teacher were killed Wednesday when a masked gunman opened fire in a private elementary school in Budapest, Hungary's capital city, police said.

Q&A: Why are emerging markets suffering?updated: Sun Oct 26 2008 23:02:00

Until now the major focus of investors during the financial crisis has been on the big economies of the U.S., Europe and Asia. However the contagion has now spread to emerging economies in Eastern Europe and South America, where concerns about growth built on cheap credit have ravaged currency and stock values. Hungary: 4 Dead, 26 Injured in Train Collisionupdated: Mon Oct 06 2008 13:00:00

A local passenger train ran into the back of an long-distance train Monday near Budapest, killing four people and injuring 26

Olympic memories: Blood in the waterupdated: Wed Aug 13 2008 04:27:00

Despite Baron de Coubertin's intention that the modern Olympics should promote a "spirit of friendship" among nations, the Games have never been as immune to the wider currents of international affairs as their founder had hoped.

Hamilton cautious on Hungary chancesupdated: Mon Jul 28 2008 09:28:00

Despite leading the Formula One world championship, Lewis Hamilton is not overly confident of completing a hat-trick of wins in Hungary.

Cuba slams Hungary for granting asylum to migrantsupdated: Wed Aug 22 2007 04:21:00

Cuba branded Hungary an "imperial accomplice" of Washington on Wednesday for granting political asylum to 29 Cubans who were held at the Guantanamo Bay U.S. naval base.

Hungarians mourn passing of Puskasupdated: Sat Dec 09 2006 06:00:00

Hungary on Saturday mourned Ferenc Puskas, the greatest player of his generation and talisman of the 1950s "Golden Team", who died last month aged 79.

Bozsik resigns as coach of Hungaryupdated: Thu Oct 26 2006 14:08:00

Hungary coach Peter Bozsik's resignation has been accepted by the country's Football Association board at an extraordinary meeting in Gyor.

Children of the revolution updated: Mon Oct 23 2006 06:07:00

This year, 2006, marks two significant anniversaries in the history of the former Soviet Union, anniversaries that in a sense bookend the disintegration of the once-formidable communist superpower.

Malta claim first win for 24 yearsupdated: Wed Oct 11 2006 16:01:00

Malta won their first European Championship qualifying tie for 24 years on Wednesday, humbling once mighty Hungary 2-1 in a Euro 2008 Group C clash.

Hungary braces for more protestsupdated: Wed Sep 20 2006 07:46:00

Hungarian police said Wednesday that hard-core football hooligans had hijacked peaceful anti-government protests, but Prime Minister Ferenc Gyurcsany blamed opposition parties for a second night of violence.

Can politicians be trusted?updated: Wed Sep 20 2006 03:40:00

Street violence aside, there was something exhilarating about this week's public reaction to the Hungarian prime minister's confession that his government was guilty of playing fast and loose with the truth.

Your e-mails: Hungary Riotsupdated: Tue Sep 19 2006 10:10:00

Early Tuesday, protesters across Hungary clashed with police and in Budapest stormed the headquarters of state television, responding with violence to a leaked recording that caught the countries prime minister admitting the government "lied morning, evening and night" about the economy.

Hungary police brace for more protests updated: Tue Sep 19 2006 01:43:00

Hungarian police said that hard-core football hooligans had hijacked peaceful anti-government protests but Prime Minister Ferenc Gyurcsany blamed opposition parties for a second night of clashes between rioters and police, saying they had failed to deliver on a pledge to calm protests.

Hungary: Rioters attack TV stationupdated: Mon Sep 18 2006 20:18:00

Protesters seized the headquarters of Hungary's state television network and set fires in and around the building early Tuesday after the country's prime minister admitted lying about the economy "throughout the past one and a half or two years."

Solskjaer brace helps sink Hungaryupdated: Sat Sep 02 2006 16:12:00

Norway thrashed error-plagued Hungary 4-1 in a Euro 2008 Group C qualifier to start their campaign with an impressive away win on Saturday.

Robert Trent Jones Jr interviewupdated: Tue May 23 2006 07:03:00

CNN World Sport's Justin Armsden interviewed Robert Trent Jones Jr, who has designed or remodeled hundreds of golf courses during his career. The following is an extract of the interview which aired on the Living Golf show.

CNNMoney: Where the dollar is still kingupdated: Thu May 04 2006 10:09:00

As the dollar continues its slide against the euro - down almost 6 percent this year to a 1 year low - Americans thinking of traveling abroad might look beyond Paris, Rome or Madrid to destinations where the U.S. dollar remains strong.

Ferenc Puskasupdated: Mon May 01 2006 08:46:00

Hungary/Spain | Forward

World Cup History: 1930-1966updated: Mon Apr 17 2006 12:04:00

1966 England

Hungary plane crash: 42 deadupdated: Fri Jan 20 2006 06:34:00

Recovery efforts continued Friday at the site of the crash of an AN-24 Slovak military plane, which was carrying 43 passengers when it crashed in the rugged terrain of northern Hungary.

Hungary unveil Euro spending plansupdated: Tue Jan 10 2006 12:10:00

The Hungarian government will spend $768 million (euros 637m) on upgrading stadiums and infrastructure for the country's joint bid with Croatia for the 2012 European Championships.

Matthaeus made to wait by Hungaryupdated: Wed Dec 21 2005 12:35:00

Hungarian Football Association chiefs postponed a decision about the future of German coach Lothar Matthaeus at a meeting on Wednesday.

Get involved: Europeupdated: Mon Nov 14 2005 06:06:00

Send us your tips, words, photos and videos to, or text "SCENE" plus your comments to +44 7786 20 40 60. Remember to include your name and the city/country where you live.

Trio are added to Bulgarian squadupdated: Mon Mar 14 2005 09:51:00

Bulgaria coach Hristo Stoichkov has added forward Georgi Ivanov and midfielders Alexander Alexandrov and Daniel Borimirov to his squad for the World Cup qualifiers against Sweden and Hungary.

Eight bids in race for Euro 2012 updated: Tue Feb 01 2005 07:16:00

Ten countries, including joint bids by Poland and Ukraine as well as Croatia and Hungary, are in the race to host the 2012 European championships, UEFA revealed on Tuesday.

Money Magazine: Best investments 2005: Bondsupdated: Wed Dec 08 2004 17:40:00

Junk and foreign bonds beat going long. Risk: High-yield debt is more tied to economic ups and downs.

Hungary coach Matthaeus axes Babosupdated: Tue Aug 31 2004 12:36:00

Hungary coach Lothar Matthaeus has dropped Feyenoord goalkeeper Gabor Babos from his squad for the World Cup Group Eight qualifiers against Croatia and Iceland.

Powell to Hungary: Stay the courseupdated: Mon Jul 26 2004 19:26:00

U.S. Secretary of State Colin Powell thanked Hungary on Tuesday for the "steadfastness" of its commitment to the coalition in Iraq, saying now is not the time to get "weak in the knees" despite continued violence and kidnappings.

Germany jeered after shock defeatupdated: Sun Jun 06 2004 14:52:00

Ferencvaros striker Sandor Torghelle scored both goals to spoil Rudi Voeller's 50th match as German coach, Hungary sending their hosts off to Euro 2004 with a 2-0 defeat.

'Blood in the water'updated: Thu Jun 03 2004 06:11:00

Despite Baron de Coubertin's intention that the modern Olympics should promote a "spirit of friendship" among nations, the Games have never been as immune to the wider currents of international affairs as their founder had hoped.

European Quest: Your viewsupdated: Sun Apr 25 2004 10:19:00

For two weeks, Richard Quest and his team are traveling around countries about to join the European Union on May 1. We asked for your views. The following are a selection of your e-mails.

Our European Questupdated: Fri Apr 23 2004 14:28:00

Our trip started in Hungary, but we flew to the Austrian capital Vienna and drove across the border because it was a lot easier than flying anywhere else.

Hungary at Europe's crossroadsupdated: Wed Apr 14 2004 06:34:00

Folk-dancing nights in Budapest are a weekly event for Istvan Pal and his fellow musicians -- a reflection of the Hungarians' strong identification with their distinct language and culture.

Hungary book place at Hopman Cupupdated: Sat Jan 03 2004 06:04:00

Hungary advanced to the Hopman Cup mixed teams tennis tournament in Australia for the first time with a 2-1 qualifying win over Canada.

Fortune: Hungarian Rhapsody AN UNEXPECTED ECONOMIC REVIVALupdated: Mon Nov 08 1999 00:01:00

Four years ago, the Hungarian economy was deep in crisis: Inflation was rampant, unemployment was rising, and trade and government deficits were mounting. Making things even worse was the fact that...

Money Magazine: FUNDS RUSH TO CASH IN ON EASTERN EUROPE'S BOOMupdated: Fri Nov 01 1996 00:01:00

Lured by spectacular gains in markets such as Russia (up 105% in the first eight months of this year), Hungary (86%), Poland (77%) and the Czech Republic (26%), several new mutual funds have sprung...

Fortune: EASTERN EUROPE IS ONE HOT MARKETupdated: Mon Jan 25 1993 00:01:00

-- From the Baltic to the Black Sea, Eastern Europeans are loading up on merchandise bearing U.S. brand names like Kodak, Kellogg's, Band-Aids, Rice-a- Roni, SlimFast, and Purina Cat Chow. Warsaw s...

Fortune: GET AN AUSTRO-HUNGARIAN PORTFOLIO ON THE CHEAPupdated: Mon Oct 21 1991 00:01:00

Of all the emerging Eastern bloc nations, none has a brighter future than Hungary. This peppery land of goulash and bauxite has taken to economic freedom with a vengeance. Within the last year or s...

Fortune: WHO'S WHO IN THE EAST In Eastern Europe, the people to know are both colorful and energetic. ! Want to meet the Clark Gable of fupdated: Mon Jul 29 1991 00:01:00

Business is always personal, but especially so in Eastern Europe, where daunting bureaucracy and changing ground rules can spook even veteran investors from abroad. In such a climate, knowing the r...

Fortune: NEW LIGHT IN EASTERN EUROPE? Amid the economic chaos that followed the crash of Communism come signs of emerging entrepreneurshiupdated: Mon Jul 29 1991 00:01:00

A NERVOUS SOBRIETY has set in across Eastern Europe. Two years after the Iron Curtain came crashing down, the region's experiments with capitalism might, to some eyes, seem an excellent advertiseme...


-- The red star and the Cyrillic writing on the back pockets and an accessory in the form of a free screwdriver mark a hot new seller: cotton jeans ($60 and up) from the Soviet Union. The screwdriv...

Fortune: HOW TO MANAGE IN THE NEW ERA Seizing global opportunities requires exploring more options -- and acting faster -- than ever. Herupdated: Mon Jan 15 1990 00:01:00

Are you up to the challenge? Beware. Leading the vanguard of global investors doesn't necessarily make for restful nights. When Swedish ball-bearing maker SKF plunged into Russia, its dream of prof...

Fortune: WHO GAINS FROM THE NEW EUROPE Almost everybody does -- and there's opportunity aplenty for deals. The combined GNP of East Germaupdated: Mon Dec 18 1989 00:01:00

WITH THE FALL of the Wall and the lifting of the Curtain, Western managers and investors must rethink their strategies for doing business in Europe in the 1990s. Suddenly the Old World has gained a...

Fortune: IRON CURTAIN MBAupdated: Mon Sep 25 1989 00:01:00

Move over, Karl Marx. Hungary's premier university has dropped Das Kapital from its required reading list. And, this month, the reform-minded Magyars are launching the East bloc's first MBA program...

Fortune: Hungary's capitalist crusadeupdated: Mon Feb 01 1988 00:01:00

The tax man has sneaked behind the Iron Curtain and is emphatically not getting any Red carpet treatment. On January 1, Hungary became the first Soviet bloc country to impose a personal income tax ...

Fortune: Hot money havenupdated: Mon Nov 10 1986 00:01:00

If Switzerland is no longer a safe home for dubious dough, what is? Believe it or not, the hot new haven is Hungary. In the past year Switzerland has frozen the accounts of deposed despots Ferdinan...

Fortune: Hungary, Class of '56updated: Mon Oct 27 1986 00:01:00

A remarkable number of top U.S. executives will mark the 30th anniversary of Hungary's brief revolt against Soviet domination on October 23: They are veterans of the uprising. Within weeks of the 1...

We recommend