Recent Political and Economic Developments in Hungary
Recent Political and Economic Developments in Hungary
In 2006, there was a mass upheaval in a rally in Budapest as the public became violent and demanded for the resignation of Prime Minister Gyurcsany as he himself had confessed that his government had not fulfilled its pre-election campaign promises.
In 2007, there was a commission of inquiry into the police action in 2006 in which 800 people were injured leading to crowd unrest.
In 2008, Hungary faced economic downturn due to the fallout of the global economic crisis. The opposition party sponsored a referendum against the government?s plan for changing the fee pattern of health care and higher education. The referendum proved to be a setback for the government?s plans of reforming the Hungarian economy. Also due to this global economic crisis, the currency of Hungary, forint got devalued. Hereby, it was offered financial aid worth $25bn (?15.6bn) by The International Monetary Fund (IMF), the EU and the World Bank to economic stimulus package to revive the flagging Hungarian economy.
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Zebra's stripes help it to stave off horseflies - 10 Feb 2012
and colleagues from Sweden and Hungary, these insects are attracted to horizontally
Nokia to cut 4000 jobs as smartphones manufacturing moves to Asia - 09 Feb 2012
at plants in Finland, Mexico and Hungary this year as part of a reorganisation of its
Nokia to cut 4000 jobs as smartphones manufacturing moves to Asia - 09 Feb 2012
at plants in Finland, Mexico and Hungary this year as part of a reorganisation of its
Banks endured painful spa treatment to avoid 'embarrassment' - 26 Jan 2012
Washington, Jan 26 (ANI): Elizabeth Banks has revealed that she once had a bizarre spa experience in Hungary, where she was beaten repeatedly with a branch of palm leaves. The Spider-Man 3 star had no idea what she was in for when she
Pak's nuke facilities second-least secure after North Korea: Study - 12 Jan 2012
the tightest security controls among nuclear nations followed by Hungary, the Czech
Use of ZEN bust-enhancing supplements may increase breast cancer risk - 09 Dec 2011
products, and studies from Hungary and Italy where female children with precocious
Brad Pitt buys Soviet era tank - 13 Nov 2011
World War Z that being shot in Budapest, Hungary. The weapons used
Struggling Felipe Massa given Ferrari green light - 08 Nov 2011
in Hungary in 2009 and in the harsh world of F1, drivers who cannot perform
Envoys of eleven nations present credentials to President Patil - 01 Nov 2011
, Ambassador of Hungary Janos Terenyi, High Commissioner of Fiji Yogesh Karan, Ambassador
Kiwis among most sociable people in world - 15 Oct 2011
in Poland, France and Hungary report the lowest levels of social interaction... was at the bottom, edging down from India, Portugal and Hungary. In addition
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