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	<title>Hungary Blog &#187; Business &amp; Economy</title>
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		<title>Economy Of Hungary</title>
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		<pubDate>Mon, 30 Mar 2009 09:17:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business & Economy]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Trade]]></category>

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		<description><![CDATA[Hungary has experienced a series of sweeping changes, which have transformed it from a Socialist country to a thriving market economy with its door firmly in the door of the European Union. Even during it’s as a Soviet satellite state, Hungary was the most developed, liberal and wealthy nation in Eastern Europe. Under socialism, it [...]]]></description>
			<content:encoded><![CDATA[<p>Hungary has experienced a series of sweeping changes, which have transformed it from a Socialist country to a thriving market economy with its door firmly in the door of the European Union. Even during it’s as a Soviet satellite state, Hungary was the most developed, liberal and wealthy nation in Eastern Europe. Under socialism, it maintained a steady rate of development and with the dissolution of socialism in 1989; the city has entered the post-industrial age with a leading role of blue-collar workforce. The Hungarian Economy continues to grow, and inflation is at a low level relative to the rest of the emerging markets in Central and Eastern Europe.</p>
<p>Hungary was the first Country in Central Europe to join the World Bank and IMF in 1982. Over 30 Billion euros have been injected into Hungary since 1989, and the growth rate of FDI in 2003 reached 45%. Hungary was the first Country in Central Europe to join NATO in 1999, and became a full member of the European Union on 1st May 2004.</p>
<p>Various Property Investment surveys have shown that in the last ten years properties have grown in value, on average, more than 350 percent. Between 1999 and 2003 Budapest property prices increased by 60 percent, and between 2003 and 2005 the economy has seen a growth rate of 15 to 20 percent. In the Budapest property market, rental incomes have provided minimum yields of 7 percent, rising to around 10 percent. There are a number of solid reasons and indicators to suggest that Hungary’s economy should continue to grow at current rates. Property investors can feel secure that there is still much more to gain from buying Hungarian property. Politically Hungary is stable and its system of government is transparent, which has led to numerous companies moving all or part of their European workforce in the country. Since the beginning of the 1190’s the inflow of foreign operating capital has been the main source for the modernisation of the economic structure and for the improvement of competitiveness in Hungary.</p>
<p>With the introduction of cheap flights from major airports from around the world, tourism is increasing at a remarkable rate, and Ferihegy will soon become one of the busiest airports in Eastern Europe. In the first ten months of 2004 discount airlines brought 338’000 visitors to Hungary, and Budapest is among the ten most preferred International destinations. One important factor contributing to Hungary’s continued economic success is the drive towards adoption of the Euro, set for 2010. Government policy should remain sensible and stable in coming years as this target of further European integration is aimed for.</p>
<p>Nowadays, Hungary is a full member of OECD and the World Trade Organization. As an ancient European capital city, Budapest has many of the charms of other major European cities, which, coupled with the dynamism of the economy in the decade and a half since communism, makes the still very low property prices extremely attractive, for both investors and those looking for second homes in a European capital of culture.</p>
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		<title>A new hungarian service, about financial adviseres</title>
		<link>http://www.nethungary.com/blog/a-new-hungarian-service-about-financial-adviseres/</link>
		<comments>http://www.nethungary.com/blog/a-new-hungarian-service-about-financial-adviseres/#comments</comments>
		<pubDate>Wed, 09 Jan 2008 11:17:52 +0000</pubDate>
		<dc:creator>Jesica</dc:creator>
				<category><![CDATA[Business & Economy]]></category>

		<guid isPermaLink="false">http://www.nethungary.com/blog/?p=6</guid>
		<description><![CDATA[Nowadays it is not easy to make a living. People earn as much as they can, and they are trying to make more of it, by using bank construcions, short or long range investments, or buying insuarrancies. The common hing in these people is they are trying to find the best solutions of the market. [...]]]></description>
			<content:encoded><![CDATA[<p>Nowadays it is not easy to make a living. People earn as much as they can, and they are trying to make more of it, by using bank construcions, short or long range investments, or buying insuarrancies. The common hing in these people is they are trying to find the best solutions of the market. Who wants to make a deal with the first opportunity, what come in front of you in the street? Do you? Wouldn&#8217;t it be just better to get to know all of your opportunities? Well, as I see , it is so much better.</p>
<p>In every ads you can hear : ,,We are providing the best ways , to make more of your money&#8230;&#8221; Is not it interesting, that everybody shows you the best ones? Is it?The only way, to be sure about it, just to sit down and hear all the plenty of variations, what these firms can provide you. You can ask: Does not it takes too much time? Well, my answer is yes, it takes. But who cares if you can make double or triple incomes with another solutions?</p>
<p>The bigest problem for the most of the people is that they don&#8217;t know an adviser from every firms. Most of you have adviser relatives, or friends, but they do not know the best solutions in ever part of the financial market. Neither I don&#8217;t&#8230;but I know many ones, from other firms, so I just provide a forum for the hungrian financial advisers, to advertise their services.</p>
<p>Well, in Hungary , as I know, this is the only page, that deals with this theme, although I think this is a very important part of the financial life. In abroad you can see many pages, working like this , helping the people to find the best way, to get as much as possible from their income, or earnings.</p>
<p>So if somebody in my country wants to get a financial advise, he or she has to do nothing esle, just type www.penzugyitanacsadok.hu in the web browser (the domain means ,,financial advisers&#8221;, do you know a better one for a service like this?), and push the enter button. On the site they can choose form many adviseres from all the firms in my country. With some easy steps they can choose from the advisers, next to their homes or work place. You can select the one, who fits mostly to your conception in age, sex or school qualification.</p>
<p>The truth is that it sounds fine, but the service is a very fresh one, and being a pioneer in any segment of the business life is not easy, especially if you are talking about a web site&#8230; hundreds of people walk by a shop in the streets , they recognise the shopwindow and just enter , but when will you walk by a web page? Well, the only way of geting visitors is the advertise campaign, with newspaper ads, baners on sites or radio campaign.</p>
<p>Hopefully, the advisers will realise that the people are browsing this page, and after a while the consumers will search for the best solution, and not for the first one.</p>
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