Sunday, November 7, 2004

BUSINESS IN HUNGARY

I am soon going to Sopron, Hungary, so I thought it could be interesting to do a quick check on the Hungarian business climate. Tamás S. Kiss of The Budapest Sun reports:

The National Entrepreneurs' and Employers' Association (VOSZ) and the Hungarian Chamber of Industry and Trade (MKIK) have announced their dissatisfaction with the government's current economic policy, and unfavorable tax burdens, at a joint conference. (Budapest Sun, 11/04/04.)


I am glad to hear that the public health authority has lifted the ban on several paprika products. I don't think that the nonprofit advocacy group, Truth About Trade and Technology, would agree with the following statement by John Horvath:

The paprika scare is just another example of the pitfalls of industrialised agriculture and, more importantly, the dangers of globalisation. There is little control or oversight when it comes to the production process. In this case, not only was the paprika tainted, but a type of chemical was used (probably as a pesticide) which had long been banned in the EU. If there is a silver lining to be found in this dark cloud, it's that the true meaning of globalisation may finally hit home to many Hungarians. (Paprika Panic, Heise Zeitschriften Verlag, 11/02/04.)


In the news: Hungary Gives Bush Unpleasant Reelection Present.