In a remarkable initiative to preserve Hungarian cultural heritage, the Hungarian government and OTP Bank have announced a comprehensive renovation of Grassalkovich Palace in Gödöllő (northeast of Budapest), which became the royal residence of Franz Joseph and Elisabeth (“Sisi”) after the Austro-Hungarian Compromise. Both parties are providing €50 million each for the mega-project. The announcement […] The post Gödöllő Palace Restored to Its Former Royal Splendor appeared first on Hungary Today .