TITLE

RISK SUMMARY: HUNGARY

PUB. DATE
June 2005
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Jun2005, Vol. 12 Issue 6, p2
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article presents information on economic, political and business risk assessed for the fiscal year 2005 for Hungary. Persistently weak fiscal performance has culminated in the sacking of Hungarian Finance Minister Tibor Draskovics. With Agriculture Minister Imre Nemeth having lost his portfolio as a consequence of a series of disruptive protests by the country's farmers, the new incumbent, Jozsef Graf, has announced his intention to seek the release of 10 billion Huhgarian forint of frozen budget spending. An Italian case currently before the European Court of Justice may have important implications for the imposition of local taxes in Hungary.
ACCESSION #
17076980

 

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