Hungary’s Fidesz wins 2/3, 96 pct of votes counted

April 26, 2010 By Leave a Comment

BUDAPEST, April 25 (Reuters) – Hungary’s centre-right Fidesz party has won a two-thirds legislative majority with 262 seats in the next parliament, based on 96 percent of votes counted, the National Election Committee said on Sunday.

Bonds

The projection, published on the Committee’s www.valasztas.hu website, put Fidesz on 262 seats, above the 258 needed for a two-thirds majority and the Socialists on 59 seats.

Far-right Jobbik is seen winning 47 seats in the 386-seat parliament. (Reporting by Gergely Szakacs)

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Hungary’s Fidesz wins 2/3, 88 pct of votes counted

April 26, 2010 By Leave a Comment

BUDAPEST, April 25 (Reuters) – Hungary’s centre-right Fidesz party is certain to win a two-thirds legislative majority with 262 seats in the next parliament based on 88 percent of votes counted, the National Election Committee said on Sunday.

Bonds

The projection, published on the Committee’s www.valasztas.hu website, put Fidesz on 262 seats, above the 258 needed for a two-thirds majority and the Socialists at 59 seats.

Jobbik is seen winning 47 seats in the 386-seat parliament. (Reporting by Gergely Szakacs)

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Hungary’s Fidesz at 2/3 with 57 pct of votes counted

April 26, 2010 By Leave a Comment

BUDAPEST, April 25 (Reuters) – Hungary’s centre-right Fidesz party is on track for a two-thirds legislative majority with 262 seats in the next parliament based on 57 percent of votes counted, the National Election Committee said on Sunday.

Bonds

The projection, published on the Committee’s www.valasztas.hu website, put Fidesz on 262 seats, above the 258 needed for a two-thirds majority and the Socialists at 58 seats.

Jobbik is seen winning 48 seats in the 386-seat parliament. (Reporting by Gergely Szakacs)

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Centre-right declares victory in Hungary poll

April 13, 2010 By Leave a Comment

Viktor Orban has declared a sweeping victory for his centre-right Fidesz party, telling reporters that leading Hungary as prime minister will be the biggest task of his life.

Fidesz pushed the ruling Socialists to a distant second, ahead of the far-right Jobbik party, but it was still not immediately clear whether Fidesz would win the two thirds majority in parliament it needs push through vital reforms.

A second round of voting will be held on April 25 when the remaining 121 seats will be decided.

“Hungarians have expressed that Hungary is united, Hungary has power, is able to do great things, it wants jobs, order and safety,” he told 2,000 cheering supporters in central Budapest.

“Hungarians have shown to the world that it’s again good to be Hungarian.”

All the opinion polls had pointed to a Fidesz victory, and the weight of expectation to act quickly to put Hungary back on a track of sustainable growth after near financial collapse will be immense, from Hungarians and investors alike.

Economists say Mr Orban, 46, will need to implement deep reforms to reduce the local government sector and make the health care and education systems more efficient.

The Socialist government – led by technocrat Gordon Bajnai since April 2009 – made painful budget cuts to rein in the deficit under a deal led by the International Monetary Fund, which provided emergency financing for Hungary amid a crisis in 2008.

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NEWSMAKER-Hungary’s Orban stages big comeback, faces tough job

April 12, 2010 By Leave a Comment

BUDAPEST, April 12 (Reuters) – Viktor Orban is on the cusp of the most sweeping election victory any Hungarian politician has achieved since the country’s transition to democracy — and the toughest challenge of his career as a politician.

Orban’s centre-right Fidesz party, which was in power under Orban’s leadership as prime minister between 1998-2002, has a good chance of gaining two-thirds of seats in Hungary’s next parliament based on results of the first round of elections on Sunday in which Fidesz won 206 seats of the total 386.

This could give Fidesz a strong enough mandate to rewrite basic laws and launch deep state reforms that are essential for putting Hungary back on track to sustainable and fast economic growth after a deep recession last year.

The charismatic and resilient leader of the conservative right, Orban, still only 46, has made a remarkable comeback after two lost elections in 2002 and 2006.

After eight years Fidesz has ousted the Socialist Party, which Orban denounces as unpatriotic, corrupt and dishonest communists who nearly destroyed the country.

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“Today Hungarians again raised their head and condemned a whole era … In 2010, they drew a line under an era which has failed and chose unity, order and safety,” Orban told cheering supporters on Sunday night after declaring victory.

Orban ran a cautious campaign that steered clear of details on how he would cut taxes and “create 1 million jobs in 10 years” as he sought to leverage his party’s high popularity ratings ahead of the vote.

He has been extremely careful on taking a stand on anything that may damage him or his party, but he will need to quickly lay out a consistent and credible strategy after the second round of elections on April 25.

“He will face by far the biggest task of his career,” political scientist Peter Tolgyessy told weekly Magyar Narancs prior to the vote.

“After the election he will have to decide within a couple of weeks about the strategy of his government, in a way which will determine his four-year term,” he added.

LONG TERM STRATEGIST

Orban will have to live up to voters’ hopes of bringing a palpable improvement in their lives and in the economy and he will also have to lay out an economic plan acceptable to international lenders, the IMF and the EU whose financing line kept the country afloat after the October 2008 solvency crisis.

“Orban’s political room for manoeuvre will be much bigger, but this also means a danger as every possible failure in governing will also be his failure,” said Peter Kreko, analyst at Political Capital.

Orban rose to fame when, in 1989, he stood up and demanded Soviet troops get out of Hungary during a ceremony for the reburial of former prime minister Imre Nagy, who led an anti-Soviet uprising.

Since the first post-communist democratic election in 1990, when his liberal party first got into parliament, he has transformed Fidesz into a mainstream conservative group appealing mostly to the middle class and entrepreneurs.

When he lost the 2006 vote to the Socialists, the second parliamentary election defeat in a row, some analysts doubted Orban would ever be able to climb back and win again.

But no one in Fidesz has ever seriously challenged his position as a leader, even in the most difficult times.

He is seen as a pragmatic politician, but with a combative style that could lead to squabbles with some of Hungary’s neighbours such as Slovakia — and also Brussels.

A conservative icon on the right who is able to take tens of thousands of supporters to the streets, Orban is seen by many of his opponents on the left as a control-freak and populist.

A trained lawyer who studied political philosophy at Oxford University, Orban is a strategist planning for the long term.

In a speech in late 2009 he envisaged that the next 15-20 years of Hungarian politics could be defined by “one central political force” instead of the dual system of the past years.

A keen amateur soccer player Orban appeals to many ordinary Hungarians with his down-to-earth approach.

Born on May 31, 1963, to a farming family in the village of Alcsutdoboz, Orban is married with five children. (Writing by Krisztina Than; Editing by Alison Williams)

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UPDATE 8-Fidesz wins Hungary election with strong mandate

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – Viktor Orban declared a sweeping victory for his centre-right Fidesz party on Sunday and told supporters that leading Hungary as prime minister would be the biggest task of his life.

All the opinion polls had pointed to a Fidesz victory, and the weight of expectation to act quickly to put Hungary back on a track of sustainable growth after near financial collapse will be immense, from Hungarians and investors alike.

Fidesz pushed the ruling Socialists to a distant second, ahead of the far-right Jobbik party, but it was still not immediately clear whether Fidesz would win the two thirds majority in parliament it needs push through vital reforms.

A second round of voting will be held on April 25 when the remaining 121 seats will be decided.

Economists say Orban, 46, will need to implement deep reforms to reduce the local government sector and make the health care and education systems more efficient.

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“On this splendid day Hungarians have expressed that Hungary is united, Hungary has power, is able to do great things, it wants, jobs, order and safety, Hungarians have shown to the world that it’s again good to be Hungarian,” he told 2,000 cheering supporters in central Budapest.

He said Hungarians had “defeated hopelessness”, adding: “I feel it with all my nerves and know it deep in my heart that I face the biggest task of my life. I will need all the Hungarian people to solve that.”

Fidesz, which last ruled between 1998 and 2002, campaigned on cutting taxes, creating jobs and supporting local businesses to boost to Hungary’s ailing economy.

“We have been waiting for this for eight years; no, for 22 years, since Fidesz was founded,” Magdolna Karbacz, 44, an entrepreneur from the western city of Szekesfehervar said at Fidesz headquarters in downtown Budapest.

The Socialist government led by technocrat Gordon Bajnai since April 2009 made painful budget cuts to rein in the deficit under a deal led by the International Monetary Fund, which provided emergency financing for Hungary amid a crisis in 2008.

The country’s economy contracted by 6.3 percent last year, while unemployment is running at 11.4 percent — the highest since 1994 — which has further increased public discontent.

TWO-THIRDS MAJORITY?

Fidesz secured 206 out of 386 parliamentary seats, the National Election Committee said on its website based on numbers on individual constituencies and party list votes. The Socialists gained 28 seats, ahead of the far-right Jobbik party which had 26 seats in the first round.

Green liberal LMP is the fourth party which passed the threshold to get into parliament, and secured 5 seats.

Analysts said ahead of the results that if Fidesz won 53-55 percent of party list votes and 120-130 seats in individual constituencies in the first round, it stands a strong chance of securing two-thirds of the seats.

“The Socialists and Jobbik are below 20 percent. This means that Fidesz has a good chance to garner two-thirds of parliament seats even if it will lose some seats in the second round,” said Attila Juhasz, analyst at Political Capital after the results.

Orban was the prime minister heading the last Fidesz government and many supporters hope his government will restore Hungary’s national pride.

“Fundamentally, this country needs a renewal in its soul and in its morals. This elections can help achieving that if the (new) leaders will represent that,” said Peter Buki, 37.

Analysts said Fidesz’ strong victory was expected to have a neutral or slightly positive impact on financial markets and the forint on Monday as the election result had been expected.

“I expect moderate strengthening of the forint EURHUF= and a drop in government bond yields tomorrow … Global developments like Greek news and U.S. economic figures are also supportive,” said analyst Gergely Suppan of Takarekbank. (Additional reporting by Sandor Peto and Marton Dunai; Writing by Krisztina Than; Editing by Alison Williams)

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Hungary’s Orban declares victory, sees challenge

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – Hungary’s next prime minister Viktor Orban declared election victory for his centre-right Fidesz and said Hungarians had voted on Sunday to “defeat hopelessness”.

Bonds

“Hungarians voted on Hungary and Hungary’s future. Today Hungary’s citizens have defeated hopelessness,” he told party supporters.

“I feel it with all my nerves and know it deep in my heart that I face the biggest task of my life. I will need all the Hungarian people to solve that.” (Reporting by Sandor Peto)

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Hungary Fidesz win clear, broad-based -president

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – Hungary’s centre-right opposition Fidesz party has scored a clear and broad-based victory at Sunday’s parliamentary election, President Laszlo Solyom said.

Bonds

“These results have brought a fundamental shift in Hungarian politics,” Solyom told a news conference.

“It is unprecedented … for a winning party to secure such a clear and broad-based mandate that we can see now from the numbers.” (Reporting by Gergely Szakacs)

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Hungary Socialists concede election defeat

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – Hungary’s ruling Socialists conceded defeat at parliamentary elections on Sunday, where the centre-right Fidesz party won a majority on its own in the 386-member state legislature. “If results do not change materially, then one thing is clear: the Hungarian Socialist party has lost the opportunity to govern,” party chairwoman Ildiko Lendvai told a news conference.

Bonds

“But it has not lost, moreover it wants to grasp the opportunity to be the strongest opposition party.”

With 99 percent of votes counted, centre-right Fidesz won 206 seats in parliament, the Socialists 28, while far-right Jobbik has secured 26 seats in the first round. (Reporting by Gergely Szakacs)

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Hungary’s Fidesz wins election with strong mandate

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – Hungary’s centre-right Fidesz party secured 206 out of 386 parliamentary seats in the first round of elections on Sunday, ousting the Socialists after eight years, preliminary results showed.

The National Election Committee said on its website that based on individual constituencies and party list votes, the Socialists gained 28 seats, ahead of the far-right Jobbik party which had 26 seats in the first round.

The results are from 99.2 percent of votes counted.

Green liberal LMP is the fourth party which passed the threshold to get into parliament, and secured 5 seats.

The remaining 121 seats will be decided in the second round on April 25. (Reporting by Krisztina Than; Editing by Alison Williams)

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Hungary’s Fidesz calls on election chiefs to quit

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – A vice chairman of Hungary’s centre-right Fidesz party called on the heads of the National Election Committee to resign over an unprecedented delay in the country’s election on Sunday, news agency MTI reported.

MTI cited Lajos Kosa, whose party is expected to win, as saying the election committee overstepped its legal authority and broke the law by extending campaign silence and not closing polling stations at 1700 GMT when voting was scheduled to end. (Reporting by Gergely Szakacs)

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Hungary’s Fidesz calls on election chiefs to quit

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – A vice chairman of Hungary’s centre-right Fidesz party called on the heads of the National Election Committee to resign over an unprecedented delay in the country’s election on Sunday, news agency MTI reported.

MTI cited Lajos Kosa, whose party is expected to win, as saying the election committee overstepped its legal authority and broke the law by extending campaign silence and not closing polling stations at 1700 GMT when voting was scheduled to end. (Reporting by Gergely Szakacs)

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Fidesz seen winning Hungary election-pollsters

April 12, 2010 By Leave a Comment

BUDAPEST, April 11 (Reuters) – Hungarian centre-right party Fidesz is likely to win 54 percent of party list votes in Sunday’s election, the Socialists 20 percent, and Jobbik 17 based on a poll by Nezopont institute conducted on Sunday.

According to an opinion poll by pollster Median conducted on April 9-10 and published on Sunday, Fidesz could garner 55 percent of the party votes.

This is seen giving the party 270 seats after the second round on April 25 in the pollster’s estimate, Median managing director Endre Hann told Reuters.

That would give Fidesz a two-thirds majority in the next parliament.

Hann said the ruling Socialists could get 19 percent of the party votes, which could yield 55 seats. Median projects 17 percent vote and 49 seats for far-right Jobbik, while green liberal LMP party could get 6 percent and 12 seats. (Reporting by Sandor Peto)

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Az Erste Bank Hungary és a Magyar Posta fejlett pénzbefizetési szolgáltatást nyújt Diebold Opteva(R) pénzkiadó automatákkal (1.rész)

April 3, 2010 By Leave a Comment

BUDAPEST–(Business Wire)–
A magyar bank és partnere a Magyar Posta a Diebold IDM technológiáját alkalmazza
közüzemi számla befizetési szolgáltatásához – Az Erste Bank Hungary a Diebold,
Incorporated (NYSE:DBD) vállalatot bízta meg pénzkiadó automatán (ATM) történő
innovatív közüzemi számla rendezési szolgáltatásának kiépítésével

Magyarországon OCR (optikai karakter felismerő) formátumú közüzemi számlák
vannak használatban. A számlákat hagyományos módon postahivatalokban, vagy
internetes home banking átutalással lehet kiegyenlíteni. Számos területen
azonban az ügyfélnek befizetési bizonylatra van szükség, azaz a számla
leválasztható, a postahivatal által lepecsételt szelvényére.

A tranzakciós összeg, az azonosítási adatok és egyéb információk OCR karakterrel
szerepelnek a közüzemi számla alsó felén. A Diebold IDMdb (Intelligent Deposit
Module bulk-deposit) technológiáját alkalmazó Diebold Opteva(R) ATM készülékek a
karaktereket feldolgozzák, átalakítják a Magyar Posta rendszerével kompatibilis,
bélyegzővel látják el a számlát, továbbítják a feldolgozó központba, majd
nyomtatott másolatot készítenek a számla befizetői szelvényéről.

“Folyamatosan törekszünk ügyfeleink innovatív kényelmi szolgáltatásokkal való
ellátására” – mondta Sipos Zoltán, az Erste Bank Hungary kártya üzletág
igazgatója. “Ezért alkalmazunk innovációt pénzforgalmi csatornáinknál is, a
Diebold pedig a lehető legrugalmasabb ATM technológiával képes segíteni ATM
hálózatunk modernizálását.”

A projekt első fázisában az Erste Bank összesen 12, IDMbd és Diebold Agilis(R)
multi-vendor szoftver alkalmazást futtató Diebold Opteva ATM terminálon veti
próbaüzem alá a számlafizetési szolgáltatást. A Diebold az Erste Bankkal
folytatott szoros együttműködése egyebek között kiterjed az országban telepített
közel 400 Opteva ATM karbantartási és szakmai szolgáltatásokkal való ellátására
is.

“Szerviz- és szakmai szolgáltatásokat nyújtó csapatunk már több mint tíz éve
tevékenykedik Magyarországon” – mondta Zala Viktor, a Diebold Hungary
értékesítési igazgatója. “Ez igen komoly üzleti tőkének tekinthető a magyar
bankok optimális teljesítményt és ügyfél-elérhetőséget biztosító innovatív
megoldásokkal való ellátásában.”

“A projekt igazolja a Diebold elkötelezettségét ügyfeleinek bankszakmai
innovációkkal való ellátására kényelmi, hatékonysági és biztonsági szempontokat
optimalizáló elképzelések megvalósításával” – mondta Danilo Rivalta, a Diebold
EMEA Southern and Central Regions elnök-vezérigazgatója. “Az Erste Bank Hungary
számára olyan megoldásokat kínálunk, amelyek megnyitják az utat ATM hálózatának
legújabb, legmodernebb ügyfélszolgálati funkciókkal való ellátása előtt.”
(folyt.)

Az Erste Bank Hungary és a Magyar Posta fejlett pénzbefizetési szolgáltatást
nyújt Diebold Opteva(R) pénzkiadó automatákkal (2. rész)

Az Erste Bank Hungary:

Az ERSTE BANK HUNGARY NYRT a közép- és kelet-európai banki szektorban közismert
és Ausztriában 190 éves múltra visszatekintő Erste Group Bank AG tagja.

Az Erste Bank Hungary ügyfélszáma alapján a második legnagyobb lakossági bank,
aktívái alapján pedig az ötödik legnagyobb magyarországi bank erős piaci
pozíciót vívott ki magának a befektetési banki és lízing üzletágakban is. A
pénzintézet közel 900 ezer ügyfelet szolgál ki 200 fiókból álló országos
hálózatával, emellett több mint 400 ATM automatát és 5 ezer fizetőpénztári
kártya terminált is üzemeltet.

A Magyar Posta:

A Magyar Posta ZRt. postai szolgáltatásokat nyújt lakossági és vállalati
ügyfeleknek a Magyar Köztársaság területén. A vállalat öt üzleti területen
tevékenykedik: levélkézbesítés, pénzügyi szolgáltatások, újságterjesztés,
logisztika és nemzetközi levél- és csomagküldés. A levél üzletág levelek és
csomagok kézbesítését végzi. A pénzügyi üzletág postai készpénzátutalási,
postautalvány, kifizetési utalvány, postai betét, lakás-előtakarékossági,
lakossági banki és személyi kölcsön nyújtási szolgáltatásokat lát el. Az
újságterjesztési üzletág sajtótermékeket, újságokat, magazinokat kézbesít
előfizetőknek, valamint újságokat és magazinokat értékesít postahivatalokban. A
logisztikai üzletág egyebek között gyorsposta, csomagkézbesítő és fuvarszervező
tevékenységet folytat. A nemzetközi üzletág külföldi levélkézbesítést és
csomagszállítást végez, valamint szerződéses tömeges levél- és csomag
kézbesítési szolgáltatásokat nyújt. A Magyar Posta ZRt.-t 1867-ben alapították,
székhelye Budapest, Magyarország.

A Diebold:

A Diebold, Incorporated globális piacvezető vállalat az önkiszolgáló automaták
és biztonsági berendezések, valamint a kapcsolatos szolgáltatások terén. A
Diebold mintegy 16 ezer alkalmazottat foglalkoztat a világ közel 90 országában
létesített képviseletein. Székhelye Canton, Ohio, USA. A Diebold részvényét a
New York Stock Exchange jegyzi DBD kód alatt. További információkért keresse fel
a vállalat honlapját a www.diebold.com címen, vagy tekintse meg a
www.diebold.com/150 weboldalt ahol részletes ismeretekre tehet szert a Diebold
150 éves történetéről.

E közlemény hivatalos, mérvadó változata az eredeti forrásnyelven közzétett
szöveg. A fordítás csak az olvasó kényelmét szolgálja, és összevetendo a
forrásnyelven írt szöveggel, amely az egyetlen jogi érvénnyel bíró változat.

Kapcsolat:
Sarah Tsirigoti
s.tsirigoti@group-ibc.com
+44-207-233-9166

Copyright Business Wire 2010

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , ,

Hungary Q1 deficit may be less than expected-finmin

April 3, 2010 By Leave a Comment

BUDAPEST, April 2 (Reuters) – Hungary’s first-quarter budget deficit HUDEF=ECI may be lower than previously forecast as tax revenues are more favourable than expected, Finance Minster Peter Oszko wrote in business daily Vilaggazdasag on Friday.

“Data for the first two months, and the balance of the first quarter based on that, will most likely correspond to the Finance Ministry’s earlier prognosis, or will be a bit more favourable than that,” Oszko wrote in an article. “That is primarily due to tax revenues slightly more favourable than forecast,” he added.

The ministry forecast earlier that the deficit would reach 74 percent of the full-year target by the end of March.

(Reporting by Marton Dunai; Editing by Kim Coghill)

Filed Under: International News Tagged With: , , , , , , , , , , , ,

Hungary Q1 deficit may be less than expected-finmin

April 3, 2010 By Leave a Comment

BUDAPEST, April 2 (Reuters) – Hungary’s first-quarter budget deficit HUDEF=ECI may be lower than previously forecast as tax revenues are more favourable than expected, Finance Minster Peter Oszko wrote in business daily Vilaggazdasag on Friday.

“Data for the first two months, and the balance of the first quarter based on that, will most likely correspond to the Finance Ministry’s earlier prognosis, or will be a bit more favourable than that,” Oszko wrote in an article. “That is primarily due to tax revenues slightly more favourable than forecast,” he added.

The ministry forecast earlier that the deficit would reach 74 percent of the full-year target by the end of March.

(Reporting by Marton Dunai; Editing by Kim Coghill)

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Prince Charles gets different perspective in 3D

March 19, 2010 By Leave a Comment

London, March 19 (ANI): Prince Charles recently embraced the latest trend in technology – a pair of 3D spectacles.

He wore a pair of 3D glasses during a visit to the Hungarian Academy of Sciences in Budapest.

Prince Charles donned the glasses to view images of ancient texts discovered by academics under the words of a 13th Century prayer book, reports the Daily Express.

They uncovered the texts by taking pictures of the prayer book’s pages at 16 different light wavelengths.

Charles also wore the glasses to view a computer-generated frog whose body appeared to leap from the screen as it tried to snare a fly with its long tongue. (ANI)

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Hungary’s MOL sees $4.1 bln EBITDA by 2012

March 2, 2010 By Leave a Comment

BUDAPEST, March 1 (Reuters) – Hungarian oil and gas group MOL(MOLB.BU) is targeting group EBITDA of $4.1 billion by 2012 and aims to focus on improving efficiency and maximising the value of its upstream assets in coming years, MOL said on Monday.

MOL also said in a statement that signs of a slow recovery were already visible after difficult conditions in late 2008 and last year.

“MOL is committed to keep its strong financial position and finance fully its CAPEX from the operating cash flow of the Group during the period of 2010-12,” it said.

MOL has a capital expenditure plan of $6.2 billion for 2010 to 2012. (Reporting by Krisztina Than/Marton Dunai; Editing by Hans Peters)

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Massa to have titanium plate surgery on his skull

September 8, 2009 By Leave a Comment

London, Sep.8 (ANI): Ferrari driver Felipe Massa will have a titanium plate surgically inserted in his head to ensure he is fit to return to Formula One next year.

Massa said the titanium-infused plate was necessary to protect a weak spot caused by the initial surgery so that next season he will be ready to race again for Ferrari.

“I need surgery to close a bone in my head that they had taken away because it was completely damaged. A normal guy can live like this without any problem. But for a driver, if you have an accident and you have this problem, the recovery is more difficult,” AAP quoted Massa, as saying.

“I’m going to Europe to use the simulator and drive some go-karts and then I will know very well if I’m 100 per cent,” he added.

Despite his steely determination to return to Formula One, Massa is acutely aware of how lucky he was to survive the July crash in Budapest while qualifying for the Hungarian Grand Prix. (ANI)

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Archaeologists start search for tomb of Suleiman I in Hungary

July 14, 2009 By Leave a Comment

Budapest, July 14 (ANI): An international team of archaeologists has started excavations near Szigetvar, South Hungary, to find the tomb of Suleiman I, the Lawgiver.

Suleiman (1494-1566), also called as the Magnificent, was the longest reigning sultan of the Ottoman Empire, one of the most prominent monarchs of 16th-century Europe, presiding over the golden age of the empire.

He died during the siege of the fortress of Szigetvar after 46 years of rule. ccording to regional daily Uj Dunantuli Naplo, archaeologists of Pecs University initiated the excavations.

Composed of Hungarian and Turkish experts, the team hopes to find the exact location of Suleiman’s tomb at the church of Turbek. he team relies on maps drawn after the 150 years of Turkish rule in Hungary.

According to contemporary sources, a jami and a turbeh was erected above the sultan’s grave.

The facility is said to have been venerated and visited by many pilgrims, the paper said. (ANI)

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