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Following the liberation of Hungary from Nazi Germany by the Red Army, Soviet military occupation ensued, which ended only in 1991.The Soviets exerted significant influence on Hungarian political affairs.From 24 December 1944 to 13 February 1945, the city was besieged during the Battle of Budapest.Budapest suffered major damage caused by the attacking Soviet and Romanian troops and the defending German and Hungarian troops.Some other diplomats also abandoned diplomatic protocol and rescued Jews.There are two monuments for Wallenberg, one for Carl Lutz and one for Giorgio Perlasca in Budapest.

This time, the Holy League's army was twice as large, containing over 74,000 men, including German, Croat, Dutch, Hungarian, English, Spanish, Czech, Italian, French, Burgundian, Danish and Swedish soldiers, along with other Europeans as volunteers, artillerymen, and officers.

At first it was a military settlement, and gradually the city rose around it, making it the focal point of the city's commercial life.

Today this area corresponds to the Óbuda district within Budapest.

Further famous cultural institutions are the Hungarian National Museum, House of Terror, Franz Liszt Academy of Music, Hungarian State Opera House and National Széchényi Library.

The central area of the city along the Danube River is classified as a UNESCO World Heritage Site and has many notable monuments, including the Hungarian Parliament, Buda Castle, Fisherman's Bastion, Gresham Palace, Széchenyi Chain Bridge, Matthias Church and the Liberty Statue.

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