February 7, 2012 08:31
by Danielle Urban
Bordering seven other European countries, Hungary occupies a strategic location in Central Europe. Hungary is a member of the European Union, the North Atlantic Treaty Organization, and the Organisation for Economic Co-operation and Development. As with many Central and East European economies, the transfer from a planned to a market economy has not been easy for Hungary, and it suffered greatly during the transition and subsequent global recession. Compounding its problems, Hu...
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