Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Hungarian 'Master of the apocalypse' Krasznahorkai wins 2025 Nobel Prize in Literature
    Headlines

    Hungarian 'Master of the Apocalypse' Krasznahorkai Wins 2025 Nobel Prize in Literature

    Published by Global Banking & Finance Review®

    Posted on October 9, 2025

    5 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    The image illustrates the ongoing anti-government protests in Moldova, where fugitive tycoon Ilan Shor offers $3,000 monthly to participants. This controversial move aims to destabilize the pro-European government ahead of elections.
    Moldovan anti-government protests funded by Ilan Shor - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Hungarian author Laszlo Krasznahorkai wins the 2025 Nobel Prize in Literature for his compelling works that explore apocalyptic themes.

    Hungarian Author Laszlo Krasznahorkai Awarded 2025 Nobel Prize in Literature

    By Niklas Pollard and Marie Mannes

    Krasznahorkai's Literary Journey and Impact

    STOCKHOLM (Reuters) -Hungarian writer Laszlo Krasznahorkai won the 2025 Nobel Prize in Literature on Thursday "for his compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art".

    "Laszlo Krasznahorkai is a great epic writer in the Central European tradition that extends through Kafka to Thomas Bernhard, and is characterised by absurdism and grotesque excess," the Swedish Academy, which awards the prize, said in a statement.

    "But there are more strings to his bow, and he also looks to the East in adopting a more contemplative, finely calibrated tone."

    Influences and Themes

    TRAVELS TO CHINA AND JAPAN LEFT DEEP IMPRESSION

    Critical Acclaim and Adaptations

    The settings of his novels move across central Europe's remote villages and towns, from Hungary to Germany, before skipping to the Far East, where his travels to China and Japan left deep-seated impressions on Krasznahorkai.

    Relevance in Contemporary Issues

    The American critic Susan Sontag crowned Krasznahorkai contemporary literature's "master of the apocalypse", the Academy said, "a judgement she arrived at after having read the author's second book Melancholy of Resistance".

    The second Hungarian to win the prize, worth 11 million Swedish crowns ($1.2 million), after Imre Kertesz in 2002, Krasznahorkai was born in the small town of Gyula in southeast Hungary, near the Romanian border.

    His breakthrough 1985 novel, Satantango, is set in a similarly remote rural area and became a literary sensation in Hungary.

    "The novel portrays, in powerfully suggestive terms, a destitute group of residents on an abandoned collective farm in the Hungarian countryside just before the fall of communism," the Academy said.

    Across the region, collective farms had been set up when farming land was confiscated at the start of communist rule, and many had become symbols of mismanagement and poverty by the time it ended in 1989.

    "Everyone in the novel is waiting for a miracle to happen, a hope that is from the very outset punctured by the book’s introductory (Franz) Kafka motto: 'In that case, I'll miss the thing by waiting for it'," the Academy said.

    Krasznahorkai has repeatedly referenced "The Castle" by Kafka as a key influence.

    "When I am not reading Kafka, I am thinking about Kafka. When I am not thinking about Kafka, I miss thinking about him," he told the White Review in 2013.

    CRITICALLY ACCLAIMED SCREEN ADAPTATIONS

    Krasznahorkai had a close creative partnership with Hungarian filmmaker Bela Tarr. Several of his works have been adapted into films by Tarr, including "Satantango", which runs to more than seven hours, and "The Werckmeister Harmonies".

    "When I read (Satantango), I knew it immediately that I must make a film based on it," Tarr told Reuters by phone. "I am very happy... it's hard to say anything right now."

    Their collaboration has garnered critical acclaim. In 1993, he received the German Bestenliste Prize for the best literary work of the year for "The Melancholy of Resistance".

    Krasznahorkai's writing may resonate with readers immersed in news from Russia's war in Ukraine or the Palestinian-Israeli conflict.

    "We seem to have entered the 21st century in a more hostile and bleak environment than we hoped for at the end of the 20th," said Jason Whittaker, Professor of Communications at the University of Lincoln.

    "So actually ... some of the bleak and darkly comic elements of books such as Satantango actually will resonate with many more readers than previously."

    LITERATURE THE FOURTH NOBEL PRIZE OF 2025

    Established in the will of Swedish dynamite inventor and businessman Alfred Nobel, the prizes for achievements in literature, science and peace have been awarded since 1901.

    Past winners of the prize include French poet and essayist Sully Prudhomme, who bagged the first award, American novelist and short story writer William Faulkner in 1949, Britain's World War Two Prime Minister Winston Churchill in 1953, Turkey's Orhan Pamuk in 2006 and Norway's Jon Fosse in 2023.

    Last year's prize was won by South Korean author Han Kang who became the 18th woman - the first was Swedish author Selma Lagerlof in 1909 - and the first South Korean to receive the award.

    Over the years, the choices made by the Swedish Academy have drawn as much ire as applause.

    In 2016, the award to American singer-songwriter Bob Dylan sparked criticism that his work was not proper literature, while Austrian Peter Handke's prize also drew criticism in 2019.

    Handke had attended the funeral in 2006 of former Yugoslav President Slobodan Milosevic, seen by many as responsible for the deaths of thousands of ethnic Albanians who were killed in Kosovo and the displacement of almost 1 million others during a brutal war waged by forces under his control in 1998-99.

    Prizegivers have also in the past been accused of ignoring some of the giants of literature, including Russia's Lev Nikolayevich Tolstoy, France's Emile Zola and Ireland's James Joyce.

    ($1 = 9.3420 Swedish crowns)

    (Reporting by Simon Johnson and Johan Ahlander in Stockholm, Justyna Pawlak in Warsaw; additional reporting by Krisztina Than in Budapest, Terje Solsvik in Oslo, Greta Rosen Fondahn, Niklas Pollard and Marie Mannes in Stockholm; Editing by Alex Richardson)

    Table of Contents

    • Krasznahorkai's Literary Journey and Impact
    • Influences and Themes
    • Critical Acclaim and Adaptations
    • Relevance in Contemporary Issues

    Key Takeaways

    • •Laszlo Krasznahorkai awarded the 2025 Nobel Prize in Literature.
    • •His works are known for apocalyptic themes and Central European influences.
    • •Krasznahorkai's novels often reflect on Eastern travels.
    • •Collaborated with filmmaker Bela Tarr on film adaptations.
    • •His writing resonates with contemporary global issues.

    Frequently Asked Questions about Hungarian 'Master of the apocalypse' Krasznahorkai wins 2025 Nobel Prize in Literature

    1What is the Nobel Prize in Literature?

    The Nobel Prize in Literature is an international award given annually to authors for outstanding contributions to literature, established by the will of Alfred Nobel in 1895.

    2What is a literary adaptation?

    A literary adaptation is a transformation of a written work into another form, such as a film, play, or television series, while maintaining the core themes and characters.

    3
    What is the significance of Kafka's influence?

    Franz Kafka's influence is significant in literature for his exploration of complex themes such as existential anxiety, alienation, and the absurdity of human existence.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Italy tourism minister resigns, obeying PM Meloni
    Italy Tourism Minister Resigns, Obeying PM Meloni
    Image for Swiss prosecutors not involved with Paris probe at bank Edmond de Rothschild
    Swiss Prosecutors Not Involved With Paris Probe at Bank Edmond De Rothschild
    Image for Lost remains of French musketeer d'Artagnan may have been found in Dutch church
    Lost Remains of French Musketeer d'Artagnan May Have Been Found in Dutch Church
    Image for Doctors in England plan six-day strike after government pay offer rejected
    Doctors in England Plan Six-Day Strike After Government Pay Offer Rejected
    Image for Soccer-Man sentenced for racist abuse of England defender Carter
    Soccer-Man Sentenced for Racist Abuse of England Defender Carter
    Image for Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls
    Netanyahu Seeks to Avoid Snap Vote as Iran War Gives No Boost in Polls
    Image for Cyprus has opened discussion with UK over its bases, president says
    Cyprus Has Opened Discussion With UK Over Its Bases, President Says
    Image for Once inspired by Orban, Hungary's Peter Magyar now leads the charge to unseat him
    Once Inspired by Orban, Hungary's Peter Magyar Now Leads the Charge to Unseat Him
    Image for German foreign minister hopes Iran peace talks given chance to work
    German Foreign Minister Hopes Iran Peace Talks Given Chance to Work
    Image for Factbox-What's at stake in Hungary's parliamentary election?
    Factbox-What's at Stake in Hungary's Parliamentary Election?
    Image for Hezbollah chief rejects talks with Israel under fire, vows fighters will continue 'without limits'
    Hezbollah Chief Rejects Talks With Israel Under Fire, Vows Fighters Will Continue 'without Limits'
    Image for Hundreds evacuated after fire hits luxury Paris hotel
    Hundreds Evacuated After Fire Hits Luxury Paris Hotel
    View All Headlines Posts
    Previous Headlines PostFormer French Justice Minister Badinter's Grave Desecrated Ahead of Pantheon Ceremony
    Next Headlines PostEa Locks and Loads 'Battlefield 6' to Take on 'Call of Duty' Before Going Private