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House Speaker László Kövér Calls 2012–2022 ‘One of the Best Decades in Hungarian History’

During his lecture at the Rákóczi Association’s All-Hungarian University Students’ Camp, Speaker László Kövér told the audience that even the Coronavirus pandemic did not hinder Hungary’s success in ‘cultural life, in defence policy, and in national policy’ in the years…

IMF Country Report on Hungary Suggests 2008-Like Measures for the Economy — Balázs Orbán: Never Again!

In its country report on Hungary, the IMF proposes the same measures to ‘recover’ the Hungarian economy that brought the country to the brink of collapse in 2008. In his Facebook post, Balázs Orbán stressed: ‘We won’t ask for it…
The leaders of Brazil, Russia, India, China, and South Africa meet at the annual BRICS Summit. New Delhi, India, 29 March 2012

The Rise of BRICS, De-Dollarization, and the Global Economy

In the short term, the process of de-dollarization is exploiting the current state of the business cycle in the US and EU. Just a small decrease in the number of transactions in which the dollar is denominated will cause a…

Economist Sven R. Larson: ‘Hungary deserves respect, not critique’ from EU

‘Since Viktor Orbán became prime minister, his country has had one of the strongest economies in Europe. While the economies of Germany and France have been sputtering and stumbling, Hungary has continued to set an example of economic prowess and…

Economic Development Minister Meets with Leaders of Mercedes-Benz

At the meeting, the parties agreed to strengthen cooperation. They also shared the view that government support needs to be provided in order to protect Hungary’s strategically important automotive industry and preserve jobs….

The Increasing Risk of a Recession in Europe

Due to the multifaceted crisis the continent is dealing with, the probability of recession is rising….

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