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september in review
Hungary’s
2004 budget, which details tax cuts and other benefits
for businesses, is being hotly-debated by the
government
Month
in review

interview
Economist
and 2002 Nobel Prize winner Vernon L. Smith talks about economic
slowdown and the upside
to globalization
Douglass
C. North, economist and winner of the Nobel Prize in 1993,
details his theories
on institutional change

eu countdown
The
proposed European Union Constitution is making waves among
member and accession countries, as the Intergovernmental
Conference in Rome, aimed at hashing out the sticking
points, gets underway

industry focus
No economic slowdown for banks operating
in Hungary, as they post record-high figures and profits
 Austria’s Erste Bank, the winning
bidder for a 99.9% stake in state-owned Postabank, will
pay HUF 101.3 billion for
the bank
Q&A
with Citigroup Country officer Zdenek Turek
OTP makes up one-fifth of Hungary’s
entire banking
sector, read how the bank has climbed to the top

trends
The
government is scrambling to turn the tide of
waning foreign direct investment (FDI) with
a handful of new initiatives,
including setting up a Competitiveness Council
OTP’s
first half 2003 figures prompted a late summer
bull-run on the Budapest Stock Exchange
The
business school at Central European University
seeks an increase in student enrollment from
the East and attempts
to forge partnerships with corporations
Prime
Minister Péter Medgyessy outlined government
economic reforms at a recent business roundtable

real estate
In
brief: Interview with leading
Hungarian architect József Finta
Feature: Oversupply on the Budapest office market is beginning
to ease for the first time since the late 1990s

photo essay
Business Hungary photographer Jura Nanuk
discovers China and Tibet. View pictures from his recent
trip to the Far
East
arts and leisure
Take a trip through the past and present of famed ceramic
manufacturer, Zsolnay

amcham news
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