Tag Archives: debt

Hungary’s debt 2000-2011

In early 2012 the reduction of the debt continued mostly due to the positive shift in the exchange rate, index.hu reports. According to index, in 2012 January alone the debt decreased by HUF 429 billion (about 1.6% of GDP). This … Continue reading

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Colonial status for Greece openly proposed

“We will not be a colony” –  “Nem leszünk gyarmat” – read the main banner of the January 21 Budapest rally. Many commentators and journalists started scratching their heads, wondering what was that message really all about. We have also … Continue reading

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Hungary vs. IMF: definitely not a David and Goliath fight

There’s something inexplicable to the West about Hungarian right-wing politicians’ attitude towards them: they always seem to be wary of the West, especially the US (which has predominantly right-wing governments, policies and general attitude). Extremist parties tend to take this … Continue reading

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