Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Thursday, 5 December 2024
Hungary – The Sick Man of Europe? | The Bottom Line
Dec 4, 2024 | By all accounts, the Hungarian economy is not doing well. The country just slid into a technical recession; the statistics office recorded the biggest slump in investment in 30 years; the Hungarian currency, the forint, is doing worse than its CEE peers; and the government's running a big deficit with access to some of the EU funds available to the country severed.
