This paper presents an overview of the economy of Hungary. The paper highlights that during the Fifth Five-Year Plan (1976–80), actual growth rates for almost all major plan aggregates remained below the targets. The lower targets set for the increase in both consumption and investment in...

The crisis of public finance negatively affected the overall economic development in all EU Member States, and therefore issues related to the regulatory mechanism not only of the financial sector, but the economy as a whole, are more than justified. The focus of fiscal consolidation is to a...

The aim is to research the effects of the global economic crisis on the countries of the Southeast Europe, with a special emphasis on the level and sustainability of foreign debt. The level of foreign indebtedness has resulted from structural problems in the SEE’s i.e. internal and external...