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Business information Hungary |
Business information Hungary
The President of the Republic, elected by the Parliament every five years, has a largely ceremonial role, choosing the dates of the parliamentary elections.
A unicameral, 386-member National Assembly (the Országgyűlés) is the highest organ of state authority and initiates and approves legislation sponsored by the Prime Minister.
Magyar Köztársaság - Republic of Hungary
Capital - Budapest
Official languages - Hungarian (Magyar)
Government - Parliamentary republic
President - László Sólyom
Prime minister - Ferenc Gyurcsány
Area - Total 93,030 km²
Population - 10,064,000
GDP (PPP) - 2007 estimate Total $208.157 billion
Currency - Forint (HUF)
Internet TLD - .hu
Calling code - +36
Administratively, Hungary is divided into nineteen counties. The capital city , Budapest, is independent of any county government.
Since 1996, these twenty administrative units have been grouped into seven regions for statistical and development purposes.
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Business information Hungary