Central Europe Activ

Archives for Hungary

After the IMF has formally accepted huge loan requests from Hungary and Ukraine (and also Iceland on the other periphery of the European economic area), Belarus, Bulgaria, Latvia, Romania, Poland, Serbia are in the waiting line – not to forget our almost forgotten EU-applicant Turkey, too. I think the French presidency should send out another… » read more

Posted by Dániel Antal

Since the Schengen Treaty has eliminated border control among most old a new member states, a few municipalities tried to erect new barriers. Three Austrian and Hungarian MEPs demonstrated against the illegal barrier between Fertörákos and St. Margarethen on the Austrian-Hungarian border. This is not a unique case: the municipality of Slovensko Nové Mesto has… » read more

Posted by Dániel Antal

The financial and money markets have closed with a huge plus today after news came out that the IMF has reached a broad agreement with the Hungarian government. The scheme will involve the EU and possibly some EU member states, too. “A substantial financing package in support of these strong policies will be announced when… » read more

Posted by Dániel Antal

Not waiting until the banks will plea for government bailout, the cornered government turned the tables in a preemptive threat to the banks: give your money before we start to legislate against you. Hungary has not had a mortgage crisis yet, but the country’s public finances are a mess. Since the accession to the European… » read more

Posted by Dániel Antal

The Hungarian president has vetoed the ratification of the Hungarian-American visa waiver agreement due to concerns about data protection issues. The new American visa waiver scheme that involves six European Union members has been the cause of unpleasant debates within Europe. Obtaining an American tourist visa is costly, and the procedure is at least unpleasant,… » read more

Posted by Dániel Antal

Hungary sold the right to emit 2 million tons of CO2 to Belgium. The contract is not available to the public. After a parliamentary questioning and media inquiries, the Hungarian ministry responsible for environment started to publish some details of the deal, claiming, that it would harm Hungary’s negotiation position in other deals under way… » read more

Posted by Dániel Antal

The two countries started a series of joint Cabinet meetings in 2003. One of the proposals on next week’s agenda to co-ordinate ambulance and firefighting units around the border, using the nearest facility regardless the national territory for 112 calls. The two countries had historically tense relationships and territorial disputes in the early 20th century.… » read more

Posted by Dániel Antal

Bailout Hungary

After major banks and insurance corporations were bailed out by European government, Hungary has become the first member state of the EU the receive a bailout offer from IMF with the support of EU’s Ecofin. Hungary looks to be the most fragile member of the Union in the global financial crisis. Mr. Dominique Strauss-Kahn, Managing… » read more

Posted by Dániel Antal

The Danube river has a beautiful new bridge in Northern Budapest. The building is nicknamed after the American satirist Stephen Colbert and is a good example of public mistrust within the institutions of the Hungarian Republic. There is an expression in Hungarian language: the ‘veterinarian’s horse’. The expression came from the illustration of a 19th… » read more

Posted by Dániel Antal

TÁRKI, a pollster, surveys Hungarian attitudes towards minorities an immigrants. They use the non-existing Piresian minority as a control variable to measure total prejudice. Hungarians are grouped into three basic clusters based on their various answers in the poll. The bottom blue column represents those, who are totally against immigration (they would not let even… » read more

Posted by Dániel Antal