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According to politicsezine, Hungary is bordered by seven countries – Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria. Slovakia is situated to the north of Hungary and shares a border with it that stretches...
Economical overview Today, Hungary’s economy is built around the service sector – which accounts for two-thirds of gross domestic product (GDP) and employs an equal share of the workforce – and industry that accounts...
EXCURSIONS The main flow of sightseeing tourist destinations in Hungary falls on the country’s capital – Budapest . The capital of Hungary attracts, as a rule, connoisseurs of architecture, as well as visitors to...
After the Second World War an extensive nationalization process was implemented (as far as industry is concerned, in March 1948 all companies with more than 100 employees were nationalized). A three-year reconstruction plan is...
The Hungarian economy was among the first within the Soviet bloc to try to achieve a certain liberalization with the 1968 reform, which was based on the establishment of a system which provided, at...