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Hungary is an export-oriented market economy with a heavy emphasis on foreign trade, thus the country is the 36th largest export economy in the world. The country has more than $100 billion export in 2015 with high, $9.003 billion trade surplus, of which 79% went to the EU and 21% was extra-EU trade. [ 159]
Politics of Hungary. The politics of Hungary takes place in a framework of a parliamentary representative democratic republic. The prime minister is the head of government of a pluriform multi-party system, while the president is the head of state and holds a largely ceremonial position.
Hungary spent the most in the entire 27-member EU — nearly $4.8 million — on political ads on platforms owned by Facebook's parent company, Meta, in a 30-day period in May and June ...
The economy of Hungary is a high-income mixed economy, ranked as the 9th most complex economy according to the Economic Complexity Index. [26] Hungary is a member of the Organisation for Economic Co-operation and Development (OECD) with a very high human development index and a skilled labour force, with the 22nd lowest income inequality by Gini index in the world.
Hungary in its modern (post-1946) borders roughly corresponds to the Great Hungarian Plain (the Pannonian Basin) in Central Europe.. During the Iron Age, it was located at the crossroads between the cultural spheres of Scythian tribes (such as Agathyrsi, Cimmerians), the Celtic tribes (such as the Scordisci, Boii and Veneti), Dalmatian tribes (such as the Dalmatae, Histri and Liburni) and the ...
Cinege út, Budapest. Viktor Mihály Orbán[ 1] ( Hungarian: [ˈviktor ˈorbaːn] ⓘ; born 31 May 1963) is a Hungarian lawyer and politician who has been Prime Minister of Hungary since 2010, previously holding the office from 1998 to 2002. He has led the Fidesz political party since 1993, with a break between 2000 and 2003.
t. e. The Government of Hungary ( Hungarian: Magyarország Kormánya) exercises executive power in Hungary. [ 1] It is led by the Prime Minister, and is composed of various ministers. [ 2] It is the principal organ of public administration. The Prime Minister ( miniszterelnök) is elected by the National Assembly and serves as the head of ...
Parliamentary elections were held in Hungary on 3 April 2022 to elect the National Assembly, coinciding with a referendum. [ 1][ 2] Hungary's incumbent prime minister Viktor Orbán won re-election to a fourth term. Addressing his supporters after the partial results showed Fidesz leading by a wide margin, Orbán said: "We won a victory so big ...