TITLE

HUNGARY: RISK SUMMARY

PUB. DATE
December 2009
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Dec2009, Vol. 16 Issue 12, p4
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents risk summary of Hungary in terms of political, economic and business environment. Fidesz party, which is the country's centre-right opposition, remains the most popular political force in the country. The acceleration in the pace of contraction in a product of a hike in value added tax to 25% from 20% in order to raise tax revenues. Daimler AG has started to construct a plant in Kecskemet in Northern Hungary in October 2009 as a destination for foreign investment.
ACCESSION #
46793755

 

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