This is a monument to the Soviet soldiers who lost their lives during the liberation of Budapest during the Siege of 1944. Budapest had been an unwilling satellite location for the Germans, and Hungary itself was trying to quit the war. There were many atrocities taking place in Budapest and the residents were living in terror. The Soviet army came in and after a bloody battle claimed victory over the Germans. And then they never left! And a new kind of terror began. This is the last monument to the Soviets that is left in Budapest and many modern day residents would prefer to see it gone. It now has a temporary fence around it to protect it from vandals.