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Inside this issue
• The confidence is drying up in the banking sector as quickly as the liquidity
• Smaller traders are swimming against the seemingly inexorable tide of international hypermarkets and discount stores - -
Content
Voters put the brake on reforms
Consensus on the road ahead is hard to find, write David Firn and Thomas Escritt
Politics: Limited mandate reduces options
David Firn finds wariness over reforms producing a stalemate
Social security: Struggle to win over electorate continues
A referendum defeat in March has underlined the gulf between the political mainstream and the voters, writes Thomas Escritt
Economy: Warning on secondary effects of credit crisis
David Firn sees the outlook darkening as the budget has to be redrafted
Banking: Parent banks’ problems hit home
Most of the sector is foreign-owned, and confidence is drying up as quickly as liquidity, says Thomas Escritt
Opinion: Time to roll back the years
Given Hungary’s institutional and geographical endowments, the ensuing solid growth could restore the country’s place as a regional centre, says Krisztian Orban
Retailing: Traders put brave face on changes in store
Kester Eddy on the inexorable rise of superstores and shopping malls
Investment: Officials in overdrive to win car plant deal
Thomas Escritt on victory in the race for Daimler’s investment – and a setback elsewhere
Innovation: Big fish flourish as minnows struggle
Kester Eddy on contrasting fortunes exploiting scientific and engineering prowess
Fornetti: A baking hot success story
Thomas Escritt on a start-up that is bringing in the dough regionally
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