From crisis to crisis

Crisis. For the past eighteen months this word has brought to mind mostly one thing: the financial crisis triggered by the collapse of Lehman Brothers and the shockwaves it has sent throughout the world leaving no country unaffected, including Hungary. While every effort is being made to avoid further risk on the global scale, Hungary – a country with a fragile economy – has started losing foreign investors and their financial trust. Ever since the crisis began in 2008 its moral aspects have been the subject of an intense debate, particularly the fact that the real cause of the crisis is what […]

Democracy or What You Will

A wonderful thing has happened. Last Thursday, on the day of Epiphany, Hungary took over the presidency of the European Union. I am a humble citizen of the union and I am Hungarian so this sounded like a good reason to order champagne, do the hula and start jumping up and down for joy.Epiphany means revelation and it refers to the twelfth day of the search party of the Three Wise Men, who following a star, on this very day caught sight of our Lord, aka baby Jesus and showered him with gifts. On this day, Hungarian Prime Minister Viktor […]

Taking Stock

Barely eight months have passed since the new parliament was formed – and since then the words and deeds of the party and government new in power have turned the political life and the workings of the state and the economy upside down. We keep being perplexed; we have not even woken up from the astonishment caused by a political step yesterday when shocked by another new announcement or measure today. It is difficult to absorb the whirlwind of events. Let us stop for a moment, let us take a deep breath, and let us re-consider what has actually happened. […]