Search results: energy crisis

The Most Important Task of the Government is to Control Inflation

Mihály Varga pointed out during the introductory economic policy roundtable discussion that the government has taken measures to reduce inflation risks, which have yielded results. This is confirmed by the analyses of major credit rating agencies, which are ‘filled with positive findings,’ he said.

The Beginning of the End for China’s Economic Hegemony?

‘Indeed, things are getting so difficult for Xi’s authoritarian directives…China’s economy actually fell into deflation in July, while factory-gate prices also extended declines—its debt is three times its GDP in 2022. Beijing’s consumer price index, the main gauge of inflation, fell 0.3 per cent in July, the National Bureau of Statistics of China (NBS) said, after having flatlined in June.’

52 Billion Forints of British Investment to Create 1,500 New Jobs in Hungary

During the inauguration of the British-owned GKN Automotive Hungary Ltd. factory, the minister highlighted that the company, specializing in manufacturing automotive components, will serve BMW, Mercedes-Benz, Suzuki, and Volkswagen through the newly built facility within the framework of the approximately 52-billion-forint greenfield investment.

Cyber Winds: The East Asian Investments That Fill Hungary’s Infrastructural Sails

From the inception of post-Soviet Hungary, East Asian relations have been oriented towards trade as well as knowledge and information exchange. With the opening up of the Hungarian economy, foreign direct investment (FDI) began to flow in from Taiwan, China, and India, and was widely distributed over a diverse range of sectors including finance, retail, mining, and those that this article focuses on: automotive manufacturing and logistics.

Vincent Van Gogh: The Langlois Bridge at Arles, 1888

The Minority-Sized Rift Between Budapest and Kyiv

Hungary’s complex Ukraine policy is influenced by its desire to protect ethnic Hungarians in Transcarpathia. Can Ukraine’s compliance with Hungarian demands lead to more support and cooperation, especially given Hungary’s historical experience with Russian aggression?

The Revenge of Geography? — Theoretical Considerations for Interpreting the Russia–Ukraine War

‘Nation-states will be reduced in their functionality, becoming of secondary importance as entities, and the principle of territorial existence will slowly dissolve into a new, boundless uniformity. To use a rather un-English term, we are going to witness the deterritorialization of the world—a world deprived of the territories of its constituents, at least if we are to believe the new utopians.’