There is huge potential in the East, but fantasy remains more exciting than reality. There will not be any buying of Hungarian bonds by Turkey, Azerbaijan or Kazakhstan. Growth in trade volumes stagnated this year. Most of Hungary’s exports to the East come from multinationals based in Hungary. In order
How Hungary Represents the Western World in Tripoli There is a little known aspect to the Libyan war: as the West was busy trying to bring down the Ghadafi regime, Hungary continued to represent the western world in Ghadafi’s capital of Tripoli. As western planes bombed key installations in the
The protest movement in the Arab world has been likened to the popular uprisings that brought down Communism in Eastern Europe in 1989. The EU, back then, rose to the challenge, embraced and supported the fledgling democracies with vast amounts of money, and ultimately rewarded the most reliably democracy-minded among
When Hungary took over the EU Presidency on 1st January, it should have made for very satisfying news. The second Central European country to try its hand at the helm of the Union, to be followed by Poland later this year. The two countries that, together, brought down communism, will
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