Located in the heart of Europe, Hungary is known for its stunning and historical cities and relaxing hot springs. Its history traces back to the Magyar tribes who were known as an alliance of semi-nomadic tribes from Southern Russia and the Black Sea coast.
He is closely associated with the controversial policies of Prime Minister Viktor Orban, and helped draft changes to election laws and the role of the judiciary that prompted complaints from the European Commission. Viktor Orban Image copyright Getty Images Image caption Mr Orban has often clashed with other EU leaders over what they see as authoritarian tendencies Viktor Orban has concentrated an unprecedented amount of power in his hands while alarming other EU leaders with his brand of nationalist populism.
He has described his goal for Hungary as creating an "illiberal state", and argues that authoritarian systems like those in China, Turkey and Russia are a more appropriate model than Western liberal democracies.
He won a third straight term in power in elections in April after his anti-immigration campaign message secured a strong majority for his Fidesz party in parliament, granting him two-thirds of the seats. The public broadcaster has faced financial struggles, dwindling audiences and allegations of political influence.
Some European governments and institutions have criticised a controversial media law, introduced in The legislation created a Media Council, with a chairperson appointed by the prime minister. Since its re-election inthe governing Fidesz party has taken steps to build up its own media empire.Learn more about the Hungary economy, including the population of Hungary, GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic Freedom.
Hungary will also be in a better position to adopt the euro and become a member-country of the now member Euro-zone. Despite receding exports, a deceleration in domestic demand and imports has played an instrumental role in the drastic decline of the country’s current account deficit to % of GDP in More information about Hungary is available on the Hungary Page and from other Department of State publications and other sources listed at the end of this fact sheet..
Hungary is a member of the North Atlantic Treaty Organization (NATO), the Organization for Security and Co-operation in Europe (OSCE), and the European Union (EU). Fujitsu Support and Downloads- Notebooks, Tablet PCs, Scanners, Servers, Storage, Ethernet Switches, Communications Networks, Retail POS Systems, Touch Panels.
PANORAMA OVERVIEW OF HUNGARY Corporates: on the starting block for sustainable growth? COFACE ECONOMIC PUBLICATIONS May ALL THE OTHER GROUP PANORAMAS ARE AVAILABLE ON.
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