Hungary and the crisis of the euro-zone: A comedy of errors?

László Csaba

Hungary and the crisis of the euro-zone: A comedy of errors?

László Csaba

Department of International Relations

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Abstract (may include machine translation)

The spillover of the global financial crisis has uncovered the weaknesses in the governance of the EMU. Being one of the most open economies in Europe Hungary has suffered from the ups and downs of the global and European crisis and its mismanagement. Domestic policy blunders complicated the situation. The relative deterioration of the position of other countries has paradixically improved the relative position of Hungary by 2012. Still, a cooling to new EU initiatives on banking an fiscal union is likely.

Original language	English
Pages (from-to)	33-44
Number of pages	12
Journal	ROCZNIK INSTYTUTU EUROPY SRODKOWO-WSCHODNIEJ / YEARBOOK OF THE INSTITUTE OF EAST-CENTRAL EUROPE
Volume	10
Issue number	5
State	Published - 2012

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Cite this

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Hungary and the crisis of the euro-zone: A comedy of errors?

Abstract (may include machine translation)

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