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JULY-AUGUST

June in Review
Event of the Month: Prime Minister Péter Megyessy visited the US in June for talks with US President George W. Bush about Iraq, visas for Hungarians traveling to the states and how Hungary is a trustworthy ally of America
Month in Review
News in Brief

Interview
Ove Fredheim, Pannon GSM CEO discusses telecom future, upcoming 3G technology and promises a more aggressive Pannon presence on local market

Executive profile: Artur Thernesz, executive director off ExxonMobil Fuel Marketing, on the company’s regional expansion

EU Affairs

Leaders of the EU racked up two recent successes - agreement on a new EU Constitution and a new European Commission head-despite typical and often-heated political wrangling among various nations

Covering 15% percent of the EU’s external land border, Hungay
anticipates an influx of illegal migrants using the country as a first
stop inside the bloc


Trends
In-depth analysis on the state of Hungary’s FDI inflow, in light of recent, re-adjusted figures and in comparision to neighbors in Central Europe

The majority of bio products in Hungary are exported and while the rest of the western world is experiencing an organic consumption boom, the trend has yet to make its way to Hungary’s supermarkets and shoppers

A look at German-Russian economic relations, a strong connection despite storied pasts in both countries and a tumultuous history between the two

China has enjoyed two decades of economic modernization, yet political reform has been slow coming, if existent at all

Data protection has become an ambiguous issue these days, with the topic of privacy taking front and center stage

Real Estate
Focus on “B” and “C” property categories, an important segment of the investment property market that receives little publicity

Interview: Bruce Mosler, President and CEO-elect at one of the world’s largest and most established real estate firms, Cushman & Wakefield

Real Estate in Brief


Arts & Leisure

As Budapest’s Sziget Festival gears up for its 12th annual run, a look at the event’s history and a preview of what’s on stage in 2004

Interview with American artist Mark P. Williamson, who has big ideas and designs for marketing legendary Hungarian porcelain from Herend

Restaurant review: Rivalda