European Commissioner for Competition Margrethe Vestager gives an exclusive interview to the Budapest Business Journal covering a range of issues that her office is investigating or monitoring in Hungary.
Since the communist era, one state-approved agency has held an effective monopoly on the translation of officially certified documents, but the country’s private translators would like to see that situation changed.
Representatives of some of Budapest’s more established translation companies say that the key to keeping busy in this competitive market is to promise quality, and deliver. Specialization is also another way they stand out.
To understand the changes in the Hungarian banking Mergers and Acquisition (M&A) market we have to go back a couple of years to the financial crisis when several foreign financial institutions were given an ultimatum by their owners and the EU.
Weighing costs and benefits, there are plenty of reasons for Hungary to stay out of the eurozone.
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