Central Europe Activ

Archives for Slvokia

Overall, Central and Eastern Europe is very strongly hit in the current economic crisis that had divided the European Union as well. In some countries, which are in a nation-building state, candidates have expressed unfaltering support for nationalistic parties. In the more established countries, such as the Czech Republic or Hungary, the political elite is divided among ideological, not ethnic or nationalistic lines, and the political elite is in a deep crisis.

Posted by Dániel Antal

In 2008 the ECB helped to bail out the Hungarian government. At this point, many Hungarian economists made the claim that probably it would be cheaper and better for both parties if they just let Hungary introduce the euro. A few month later, a few billion euros poorer the argument starts to catch on.

Posted by Dániel Antal