Grand Boulevard (Budapest) the reconstruction, which cost altogether 3.4 billion forints. There are three further ring roads in Budapest: Grand Boulevard (Budapest) Nagykörút or Grand Boulevard (sometimes "Great Boulevard", lit. "Big Ring Road") is one of the most central and busiest parts of Budapest, a major thoroughfare built by 1896, Hungary's Millennium. It forms a semicircle connecting two bridges of the Danube, Margaret Bridge on the north and Petőfi Bridge on the south. Usually the part inside and around this semicircle is counted as the city centre of Budapest (see Belváros). Nagykörút is actually a colloquial name of its five parts which connect
Budapest Memorandum on Security Assurances Affairs of Ukraine appealed to the signatory states of the Budapest Memorandum with the requirement to hold urgent consultations to ensure full compliance with the commitments and the immediate cessation of Russian aggression against Ukraine. Budapest Memorandum on Security Assurances The Budapest Memorandum on Security Assurances refers to three identical political agreements signed at the OSCE conference in Budapest, Hungary on 5 December 1994, providing security assurances by its signatories relating to the accession of Belarus, Kazakhstan and Ukraine to the Treaty on the Non-Proliferation of Nuclear Weapons. The memorandum was originally signed by three nuclear powers, the Russian Federation,