Archive for the ‘Hungary’ Category

Eastern European companies fear ‘chaos’ of no-deal Brexit

Trade with central and eastern Europe already affected and local GDP could shrink by 5%

Jarosław Granat has worked for Future Processing since it was a scrappy startup run from the first floor of its founder’s house in the southern Polish city of Gliwice. Now the software development company has more than 1,000 employees based in a gleaming office complex and serves dozens of blue-chip clients around the world.

More than half of the company’s clients are in the UK, and Granat fears that two decades of hard work building up the business could now be put at risk by the looming threat of a no-deal Brexit.

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The EU looks like the Soviet Union in 1991 – on the verge of collapse | George Soros

In May’s European elections, anti-EU forces will be on the rise. Those who want to preserve the union’s values must wake up

Europe is sleepwalking into oblivion and its people need to wake up before it is too late. If they don’t, the European Union will go the way of the Soviet Union in 1991. Neither our leaders nor ordinary citizens seem to understand that we are experiencing a revolutionary moment, that the range of possibilities is very broad, and that the eventual outcome is thus highly uncertain.

Most of us assume the future will more or less resemble the present, but this is not necessarily so. In a long and eventful life, I have witnessed many periods of what I call radical disequilibrium. We are living in such a period today.

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Hungary’s anti-immigration PM to give mothers of four or more life tax exemption

Hungarian Prime Minister Viktor Orban announced new tax and loan benefits for families on Sunday as part of his government's efforts to increase the birth rate while holding a hard line against immigration.
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