SPECIAL REPORT HUNGARY 2018/ Die WELT.
WHY HUNGARY AND WHY NOW ?
During 2018 Hungary has generated a great deal of attention in the international media.
Prime Minister Viktor Orbán and his FIDESZ-Hungarian Civic Union (Fidesz) party were re-elected for a third four-year term in the April 2018 elections. FIDESZ obtained a landslide victory, with two thirds of the seats in Parliament. This absolute majority in Parliament will allow the government to push through key legislation without needing cross-party agreement.
Most economic figures are improving : Government debt, as a proportion of Hungary’s gross domestic product, has fallen more than 6 percentage points since 2010. The country’s credit ratings have improved. The budget deficit has roughly halved. Wages have risen by more than 10 percent. Hungarian industry’s share of the economy is the 5th highest in the EU. Investment and comsuption are taking a lead on growth which has almost quadrupled, and Hungary will become one of the fastest growing EU economies in 2018.
Is this an economic miracle or a mirage ? How these different development will impact the country’s socioeconomic future? How Hungary foreign affairs policies migth impact in the country relationships with Europe and with Germany, Hungary’s main trading partner and number one foreign investor? How latest development in European politics will possition Hungary within the EU? What are the main challenges in the most vibrant sectors of the economy?
Our report will seek to find some of these answers by interviewing some of the most influential people in politics and business.
The Special report will be of approximate 12 pages long, independently produced by Viceversa media to be published by Die WELT by the end of September 2018. The report will be structured as a cross section portraying the current developments of the most dynamic sectors of the Hungarian Economy. Each section will be headed by a sectorial analysis looking at the opportunities and challenges and conveying the views and opinions of leading business people and government officials related to the sector. There will be also a section, showcasing the activities of leading companies in order to find out, how they are leading the market. Some of the sectors and topics to be covered are: Industrial development, manufacturing, Automotive, Banking, telecommunication, foreign investment, exports, Hungary and Germany bilateral relations, tourism and hospitality.
THE MEDIA – Die WELT.
The Hungary report will be published by Die WELT´s print version as well as in the online version, including a documentary online video, a cross-media reach of almost 14 million people.
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