Hungary in the headlines again…for the right reasons

IBM, General Motors, Audi. Maybe you’re heard of these companies.

Happily, they’ve heard of Hungary. IBM is opening one of three new European analytic centers in Budapest, GM is ready to make a $655m expansion in its Opel factory, and Audi may pump a cool billion euro into expansion of its plant in the west of the country.

Oh, and Hungaro-pessimists will be interested to learn that after falling for 41 consecutive months, Hungarian retail sales actually ticked up a couple notches (1.7%).

Stick that in your double-dip pipe and smoke it.


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