You can also read about an expert’s explanation of Hungarian derivatives and tax havens and the good news for banks in the Erste-EBRD deal. There’s an interesting analysis of what’s really at stake with the proposed reduction in the advertising tax, including clues to watch for in determining if RTL really cut a deal involving content and what to expect next from the colorful mouth of Lajos Simicska.

And the Socialite Section includes a feature on the 70th anniversary of the end of the Siege of Budapest, the WW II battle in which Germans lost a major last stand and Russian liberators moved in for a few decades.

Read this articles and more in the Budapest Business Journal, your source for Hungarian business information in a language you can understand: English.

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