EU-in-Motion: Budapest

  • Hungary: From goulash communism to mortages in swiss francs 

    By on July 30, 2014

    After a decade-long tran­si­tion from a rel­a­tively mild com­mu­nist model to a cap­i­tal­ist democ­racy and tight bud­getary mea­sures by the gov­ern­ment, the Hun­gar­ian econ­omy began to flour­ish. How­ever, this eco­nomic bo­nanza was short-lived as pub­lic debt began to mount, forc­ing thou­sands of fam­i­lies to gam­ble their homes by tak­ing out mort­gages in for­eign cur­rency. 

  • Budapest: Always at odds with the Roma?

    By on July 29, 2014

    The recent European Elections confirmed the shift towards the right in Hungary over the recent years. Not really a good omen at any rate for the Roma, who suffer from discrimination. However, some key figures are rising against the trend, trying to help the minority out of the poverty trap.