Budapest all major European roads and European railway lines lead to Budapest. The Danube was and is still today an important water-way and this region in the centre of the Carpathian Basin lies at the cross-roads of trade routes. Hungarian main line railways are operated by Hungarian State Railways. There are three main railway station in Budapest, the Budapest Eastern railway station, the Budapest Western railway station and Budapest Southern railway station, operating both domestic and international rail services. Budapest is one of the main stops of the on its Central and Eastern European route. There is also a suburban rail
Budapest became the co-capital of the Austro-Hungarian Empire, a great power that dissolved in 1918, following World War I. The city was the focal point of the Hungarian Revolution of 1848, the Battle of Budapest in 1945, and the Hungarian Revolution of 1956. Budapest is an Alpha- global city with strengths in commerce, finance, media, art, fashion, research, technology, education, and entertainment. It is Hungary's financial centre and the highest ranked Central and Eastern European city on Innovation Cities Top 100 index, as well ranked as the second fastest-developing urban economy in Europe. Budapest is host to many major international organization's