Europe: Hungary

About Hungary

Hungary was part of the polyglot Austro-Hungarian Empire, which collapsed during World War I. The country fell under communist rule following World War II. In 1956, a revolt and announced withdrawal from the Warsaw Pact were met with a massive military intervention by Moscow. In the more open GORBACHEV years, Hungary led the movement to dissolve the Warsaw Pact and steadily shifted toward multiparty democracy and a market-oriented economy. Following the collapse of the USSR in 1991, Hungary developed close political and economic ties to Western Europe. It joined NATO in 1999 and is a frontrunner in a future expansion of the EU.

Vital Statistics
Capitol City: Budapest
Population: 10,106,017 (July 2001 est.)
Percent below poverty: 8.6% (1993 est.)
Language: Hungarian 98.2%, other 1.8%
Date of independence: 1001 (unification by King Stephen I
Form of government: parliamentary democracy
Title of Leader: Prime Minister
Natural Resources: bauxite, coal, natural gas, fertile soils, arable land
Environmental Issues: the approximation of Hungary's standards in waste management, energy efficiency, and air, soil, and water pollution with environmental requirements for EU accession will require large investments
Agricultural Products: wheat, corn, sunflower seed, potatoes, sugar beets; pigs, cattle, poultry, dairy products
Imports: machinery and equipment 51.1%, other manufactures 35.9%, fuels and electricity 8.1%, food products 2.8%, raw materials 2.1% (2000)
Exports: machinery and equipment 59.5%, other manufactures 29.4%, food products 6.9%, raw materials 2.4%, fuels and electricity 1.8% (2000)
Trading Partners: IMPORTS: Germany 25%, Russia 8%, Austria 7%, Italy 7% (2000)
EXPORTS: Germany 37%, Austria 9%, Italy 6%, Netherlands 5% (2000)


Hungary Headlines


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