‘The “overvalued forint” is thus not an absolute economic category: the same exchange rate represents a competitive advantage for one company and a decline in profits for another…The question, therefore, is not who benefits from a strong forint, but which effect is stronger for the Hungarian economy as a whole: the inflationary gain or the loss of export profitability.’
The EU is not only acting to apply pressure in international taxation, but is also seeking legal harmonization among member states.
At a time when public debate is increasingly polarized and superficial, Hungarian Conservative remains committed to depth and independent thought.
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