Monetary Crisis

Hungary is the first country in the region and the EU to have recently introduced official price regulation. But Hungary is not the only European country where the government intervenes in market prices. It has been applied in Croatia, Slovenia and Serbia, and Poland has taken a different approach to the problem of price volatility. Despite the fact that, according to economists, price regulation may be justified for a short period of time, it has been used in our country for a long time. Furthermore, in the October 2022 decision, the Hungarian government extended it to additional basic foodstuffs. However, with this decision, the government does not help to reduce inflation, it only covers it up. Read more... (Sebestyén Márk Pella)

This article argues that the extension of the additional protection against unfair commercial practices - provided only to a strictly limited group of consumers in other areas of consumer protection - to all consumers in the field of financial consumer protection could potentially be justified. Furthermore, it highlights the importance of promoting financial literacy, which would require the development of up-to-date financial education and awareness programmes: through the use of its education and training policy instruments, the European Union could promote the availability of these programmes across all member states. Read more... (Daniel Szilágyi)

Foreign Direct Investments (FDIs) have been the main engine in the economic growth of countries with developing economies. Nowadays, institutions of international business law are facing certain challenges in the area of foreign investment. These challenges mostly rise up from the nature of legal system in recipient countries. Because of their specific nature such as favorable atmosphere for foreign investors, international tribunals also have different approaches regarding these cases. Read more... (Ninjin Bataa)