Tuesday, June 27, 2006

Economic woes

I have many anecdotes that highlight the inherent difficulties (cultural, infrastructure-based, and bureoucratic) Hungary will have to overcome before its economy is able to get onto the right track. Over the coming months I'll share some of them here. Here's a news report that covers
the result of these difficulties as Hungary teeters on the brink of economic meltdown.

It's not a pretty picture.

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