December 2009
Emerging Europe Monitor: Central Europe & Baltic States;Dec2009, Vol. 16 Issue 12, p4
Country Report
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.


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