New nuke in Hungary or joining euro – Which will come first?
The tender for one or two new nuclear blocks at the Paks site will be announced by early next year at the latest – at least according to the most recent news. This is a bit like calling a design...
View ArticleHungarian budget deficit: against the tide
Although the European Commission has turned off the slapping machine (using sanctions against Hungary in its excess deficit procedure), it is not taking it out of the room, to let Hungary know where it...
View ArticleElectronic road tolls for Hungary: A constructive idea
If Hungary joins forces with Slovakia, it may be able to introduce a new electronic road toll system in time, since such a system is already in place in Slovakia. We fully support this great idea put...
View ArticleHow to lower your electricity bill: Are Hungarians (and the British) easier...
A gadget which is supposed to decrease your electricity bills by 75%. Bullshit. Still, a recent EU-wide scam raises some interesting comparisons: where do they charge more for the same ‘product’? Last...
View ArticleHungary does not need new nuclear blocks
Hungary plans to build two new nuclear blocks in Paks. Russian Rosatom just got the deal without a tender. It will cost around 12.5 billion euros. The first block could be operational already by 2023....
View ArticleThis is why more Russian gas is a bad idea
The price of natural gas is higher in European countries where the share of Russian import is high. Most likely this is not because of import dependency, but Russian dependency. If Eastern European...
View ArticleSouth Stream is dead. Should Hungary mourn or laugh?
Neither. The South Stream would not have solved much of Hungary’s problems. But neither will the country be worse-off without it. by Péter Simon Vargha and István Zsoldos. To the surprise of many,...
View ArticleThe solar revolution
In a couple of years, it is going to be cheaper to build solar panels in Hungary than nuclear reactors. And the best part is that it will not need any state subsidy. By István Zsoldos, Péter Simon...
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