Hungary for Change – Has turmoil in Budapest taken the country off the property investor’s map?

Hungary for Change – Has turmoil in Budapest taken the country off the property investor’s map?
27th September 2006

Protests in Budapest have now continued for over a week and there seems to be no sign of pressure easing on the Hungarian government.

Leaders of the estimated 25,000 protesters have predicted more violence on the streets unless Prime Minister Ferenc Gyurcs? quits and elections are called.
What we have seen in Hungary is undoubtedly the biggest political protest in the country since the anti-Soviet uprising in 1958.

The riots and demonstrations started after the leak of a tape showing the Prime Minister admitting his government had lied about the state of the economy in order to win elections. But this is not an admission as straightforward as it might at first seem.

It is really about a general refusal by all politicians to face economic reality - especially at election time - which has become par for the course.
In many ways, much of the electorate connived in this reluctance - the evidence and the warnings about the economy from various sources (the EU for one) have been numerous - and all have been ignored.

This may be a measure of how young democracy is in the new EU states where an electorate simply latches on to the best and biggest political promise, which, within the new disciplined fiscal reality the EU represents, cannot be achieved.

To view the rest of this article - and thousands like it - become a PRO member today...

To read this article in full you need to be a Property Secrets PRO member. In addition to thousands of searchable articles on UK and worldwide property investment, your PRO membership will give you full access to a host of additional benefits. Take a look at the table below to see a full breakdown of what you are currently missing out on.

Property Secrets Membership Benefits Lite Member PRO Member
Property Investment Community Forum Access Included Included
Online Property Investment Tools
(MyPortfolio, Mini Surveys and more...)
Included Included
Selected Property Articles, News & Expert Opinon
(Selected from a database of over 2,000 - updated daily)
Included Included
All Property Articles, News & Expert Opinon
(Complete access to our database of 2,000+ - updated daily)
Not included Included
FREE downloadable "How-to" property investment eBooks
(The complete guide to property investment according to Property Secrets, worth over £600)
Not included Included
Discounted hard copy "How-to" property investment books
(Selected eBooks, produced in hard copy for you to buy at up to 60% off)
Not included Included
FREE downloadable property market research, analysis and investment reports
(Worth over £400 and covering almost 20 property markets worldwide)
Not included Included
FREE investment spreadsheet software
(Download and save to your PC for use any time)
Not included Included
Choose Your PRO Membership
Monthly Membership
£9.99 / Month
3 Month Membership
£25.49
(15% discount)
6 Month Membership
£44.99
(25% discount)
12 Month Membership
£79.99
(33% discount)

If you are already a PRO member of Property Secrets, sign in at the top of the page.

Discounted Property for Sale
Advert Image
Advertise with Property Secrets

Property Secrets supports

Global Angels
Call Property Secrets on: +44 (0)1270 539550
Email  
Password  
Lost
password?
You are not currently receiving our FREE newsletter. Enter your email to receive yours every Friday: