BUDAPEST — A new economics textbook by the chief editor of the main economics journal of Hungary says that the main difference between transformation and transition is, that the first is a slow and gradual process, while the
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BUDAPEST — As the European Bank for Reconstruction and Development held its assembly here last month, and its leader Jacques Attali pointed out the advantages of the Hungarian path to a free market, one-third of Hungarian
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BUDAPEST — Following persistent attempts by the ruling Hungarian Democratic Forum (MDF) to concentrate more power in its own hands, key figures in the Hungarian liberal intelligentsia signed a Democratic Charter summarising
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BUDAPEST — Hungarians' originally high expectations about the transition to a Western-style market economy have, in the last few months, started to recede. While the old regime and its political elite have gone,