Budapest

Budapest is a City located at 47° 29' 52.48" N, 19° 2' 24.85" E. It is located in Central Hungary.

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Overview

Budapest 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 1740000 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 (203 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.

Cited as one of the most beautiful cities in Europe, Budapest's extensive World Heritage Site includes the banks of the Danube, the Buda Castle Quarter, Andrássy Avenue, Heroes' Square and the Millennium Underground Railway, the second-oldest metro line in the world. It has around 80 geothermal springs, the world's largest thermal water cave system, second largest synagogue, and third largest Parliament building. The city attracts about 4.4 million tourists a year, making it the 25th most popular city in the world, and the 6th in Europe, according to Euromonitor.

Considered a financial hub in Central Europe, the city ranked third on Mastercard's Emerging Markets Index, and ranked as the most liveable Central or Eastern European city on EIU's quality of life index. It is also ranked as "the world's second best city" by Condé Nast Traveler, and "Europe's 7th most idyllic place to live" by Forbes. It is the highest ranked Central/Eastern European city on Innovation Cities' Top 100 index.

Budapest is home to the headquarters of the European Institute of Innovation and Technology (EIT), the European Police College (CEPOL) and the first foreign office of the China Investment Promotion Agency (CIPA). Eighteen universities are situated in Budapest, including the Central European University, Eötvös Loránd University and the Budapest University of Technology and Economics.