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FEBRUARY

january in review
Event of the month: Csaba László replaced as finance minister by Tibor Draskovics
Month in review


eu countdown
EU Commissioner for Employment and Social Affairs Anna Diamantopoulo is asking for suggestions to revamp the bloc’s current directive on working hours


European Commission President Romano Prodi praises Hungary’s progress thus far, but some are asking how the country will profit from EU accession

Brussels. The gentle art of persuasion. Lobbying in Brussels: a practical guide.


regional roundup
Despite strong economic growth, Romania is scrambling to implement EU regulations in time for its accession date


industry focus
Interview. Zsuzsanna Matejka, director of the Hungarian National Health Insurance Fund (OEP). Spotlight this month on the pharmaceutical industry in Hungary, from new laws that could afffect it, the players that move it and the government that subsidies much of its products for general public consumption.

Strapped for cash. Pharma firms call for a more transparent and
better-funded drug subsidy system

Executive profile. Krisztina Székely, President of the Association of Innovative Pharmaceutical Manufacturers


Hungarian headache. The European Union’s intention to increase the patent period to 11 years from the current six for generic drugs causes outcry in the pharmaceutical industry in Hungary


trends
Index of Economic Freedom ranks 155 countries. Economic freedom equals prosperity. Index puts countries under the microscope

OECD country report dishes out recommendations to Hungary on tax reform, fiscal policy and joining the euro
Hungary passes privacy law prohibiting the use of a mobile phone camera without permission from the subject
A Bank Austria Creditanstalt report highlights strong growth and lucrative investor opportunities in the countries that make up Southeast Europe


real estate Real estate in brief. A look at January’s most important real estate news and events

Meet the Boss: Biggeorge International’s Adorján Salamon. The Sixty-Second Interview.

Restoring a landmark. Danubius group gets the nod to develop the historic Buxton’s Crescent & Spa in England.

Legal Issues. Buying property? Make sure you ask the owner first! Can you sell that which you do not own? Sometimes, explains one local lawyer who cautions on the practice


arts and leisure
Costing more than USD 800 million, the luxurious ocean liner Queen Mary 2 set sail on her first, 14-day journey last month

Former US Ambassador to Hungary Mark Palmer has written a book on the world’s dictatorships, and how to eradicate them