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Hungary

Budapest in the fog

Inside this issue

• Spring’s election is likely to return the centre-right Fidesz
to government

• Foreign currency lending has been reined in - -

Content

Struggle to restore credibility after the crisis

In the last general election almost four years ago, the two leading parties competed to outdo each other’s vision of faster growth, rising wages and lower taxes.

Bankers end year on a calmer note

Hungary’s bankers will surely permit themselves a discreet sigh of relief as 2010 draws to a close.

Emperor’s medicinal tipple thrives under democracy

In some sports-mad cultures of today, stars fear for their lives when they lose a vital game. But Peter Zwack, then just 20, feared for his life after a sporting victory in 1947.

Pécs positions itself as ‘gateway to the Balkans’

The city of Pécs, 200 kilometres south of Budapest, sits snugly in the Mecsek Hills north of the Croatian frontier

Passengers vote with their wallets to fly without frills

When Jozsef Varadi, as a young Hungarian businessman, flew around central Europe in the 1990s he found it a dissatisfying experience.