Word: budapester
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...born in Hungary in 1944 and, after Soviet troops invaded the country to crush a popular uprising in 1956, he fled to the U.S. He now serves on the board of the Central European University in Budapest...
...confectionery and biscuitmakers say the new prices will make them more competitive. How sweet it is. - By Peter Gumbel Getting Posh In Prague Thanks to the likes of Easyjet and Sky Europe, the flow of budget-conscious tourists into Central and Eastern Europe is becoming a flood: visitors to Budapest are up 37% during the first quarter of 2005; international arrivals in Warsaw in March were up 35% to 509,000; and Serbia has announced $2.8 billion in subsidies to kick-start tourism there. But having skimped on the fares, it seems many tourists want to swank...
Hungary's 11 million people have long been the envy of the East bloc for their cautious success at replacing at least part of a Soviet-style centralized economy with profit-oriented agriculture cooperatives and carefully administered oases of free enterprise. Along Budapest's glittering Vaci Street, the shelves of well-kept stores and boutiques are stuffed with Western videocassette recorders, luxury clothing and high-tech kitchen appliances. The nearby food markets display long racks of sausage and ham, mounds of fresh winter vegetables and ubiquitous garlands of crimson paprikas. Says a member of Hungary's new economic gentry...
...fashionable neighborhood of Zugliget, overlooking downtown Budapest, the drabness of Communism seems a world away. Sleek, modern villas nestle beside Italianate mansions along the quiet, winding streets. Well-coiffed women in fur coats promenade upon the snow-dusted sidewalks. The district that housed many of Hungary's pre war magnates now shelters a different breed of plutocrat: the entrepreneurs who have prospered under the country's unique brand of "goulash Communism...
...shows off in Benetton sweaters and Pierre Cardin shirts. Yugoslavs admit that things could be much better in their version of the workers' paradise. But their restiveness is still curbed by the knowledge that things could also be much worse. --By George Russell. Reported by Kenneth W. Banta/Belgrade and Budapest...