Three cheers for the IMF, the EU, and the ratings agencies!!!

Hungary’s new constitution came into force on January 1.  This was not good news. Engineered by Prime Minister Viktor Orbán’s Fidesz party, the new constitution has a number of unsavory elements. The Constitutional Court, which serves as a check on government power, has been weakened in several ways (e.g., packing it with new judges, having … Read moreThree cheers for the IMF, the EU, and the ratings agencies!!!