Sheer amount of reforms, which the current Hungarian government is engaged into, and, most of all, the volume of reformed economic and political institutions is unprecedented. Apart from Prime Minister Viktor Orban, no one, not even the members of his own government, seem to be aware of the complicated situation, which Hungary fetched itself in. The government is under tremendous pressure exerted by the international institutions. Orban awaits the IMF decision regarding the loan for Hungary with the strained attention — this loan may give the markets a positive signal.
Wednesday, May 9, 2012
Wednesday, May 2, 2012
About a week ago timid rumors about a failed coup in one of the most outstanding Arab states — Qatar — leaked to the outskirts of global information space. Its population is of match to a population of Udmurt Republic (federal subject of Russia) and makes about 1.700.000, but of late it has been laying claims for leadership within the renovated Gulf Cooperation Council, ousting the authority of Saudi Arabia.