Budapest Talks

Budapest is the capital, most populous city, and one of the twenty counties of Hungary. It is Hungary's primate city with 1.7 million inhabitants and its greater metro area has a population of about 3.3 million, representing one-third of the country's population and producing above 40% of the country's economic output. Budapest is the political, economic, and cultural center of the country, among the ten largest cities in the European Union and the second largest urban area in Central and Eastern Europe. Budapest stands on the River Danube and is strategically located at the center of the Pannonian Basin, lying on ancient trade routes linking the hills of Transdanubia with the Great Plain.

Budapest is a global city, consistently ranked among the 50 most important cities in the world, belongs to the narrow group of cities with a GDP over US$100 billion, named a global cultural capital as having high-quality human capital, and is among the 35 most liveable cities in the world. The city is home to over 30 universities with more than 150,000 students, most of them attending large public research universities that are highly ranked worldwide in their fields, such as Eötvös Loránd University in natural sciences, Budapest University of Technology in engineering and technology, MATE in life sciences, and Semmelweis University in medicine. Budapest also hosts various international organizations, including several UN agencies, the WHO Budapest Centre, IOM regional centre, the EU headquarters of EIT and CEPOL, as well as the first foreign office of China Investment Agency. Budapest opened the first underground transit line on the European continent in 1896, which is still in use as M1 Millennium Underground, and today the fixed-track metro and tram network forms the backbone of Budapest's public transport system and transports 2.2 million people daily, making it a significant urban transit system.

The history of Budapest began with an early Celtic settlement transformed by the Romans into the town of Aquincum, capital of Lower Pannonia in the 1st century. Following the foundation of Hungary in the late 9th century, the area was pillaged by the Mongols in 1241. It became royal seat in 1361, with Buda becoming one of the European centers of renaissance culture by the 15th century under Matthias Corvinus. The siege of Buda in 1541 was followed by nearly 150 years of Ottoman rule, and after the reconquest of Buda in 1686, the region entered a new age of prosperity, with Pest-Buda becoming a global city after the unification of Buda, Pest and Óbuda in 1873. By this time, Budapest had become the co-capital of the Austro-Hungarian Empire, a great power that dissolved in 1918 following World War I. The city was also the focal point of the Hungarian Revolution of 1848, Battle of Budapest in 1945, and Hungarian Revolution of 1956.

The historic center of Budapest along the Danube is classified as a World Heritage Site due to its numerous notable monuments of classical architecture, from the 13th-century Matthias Church to 19th-century landmarks such as Hungarian Parliament, State Opera House, the Museum of Fine Arts and St. Stephen's Basilica. Budapest has been a popular spa destination since Roman times and is considered the spa capital of Europe, with more than 100 medicinal geothermal springs and the largest thermal water cave system. The city is home to the second-largest synagogue and third-largest parliament building in the world, over 40 museums and galleries, nearly ten Michelin-starred restaurants, and named among the 50 best food cities globally for its focus on distinctive Hungarian cuisine. Budapest is also renowned for its nightlife, with ruin bars playing a significant role in it, moreover the city has become a center for Hollywood film production in recent years. Budapest regularly hosts major global sporting events, with the practically 70,000-seat Puskás Aréna serving as one of the venues, which hosted most recently the 2023 UEFA Europa League final, 2020 UEFA Super Cup, will host 2026 UEFA Champions League final and city hosted the 2023 World Athletics Championships, 2017 and 2022 World Aquatics Championships. Budapest attracted 6 million international overnight visitors in 2024, making it one of the most popular destinations in Europe.

From Budapest on Wikipedia