Spotlight on Geopolitics

Archives for Hungary

Hungary bucks austerity trend

In 1956 the Hungarians rose in revolt against the excesses of Soviet communism. During the 1980’s, the Hungarian society was already making the transition to what we now call the post-Soviet era and its communist politicians opened the country’s borders to East German refugees fleeing to the West . These days, Viktor Orban and his… » read more

Posted by Florian Pantazi

After the 1956 upheavals in Hungary, a joint KGB-Hungarian Communist Party plan was put into effect, aimed at making communism more palatable for the population. The plan consisted in allowing small farmers, tradespeople and unrepentant bourgeois elements to start their own small businesses. Hungarian communist-style consumerism was subsequently fueled with loans obtained abroad and the… » read more

Posted by Florian Pantazi