Word: hungarian
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...only one of a growing number of middlemen in the airline industry. Like GPA, which is privately held, most are obscure. International Lease Finance (1985 sales: $81.2 million), for example, was begun in 1973 by three Hungarian immigrants who now employ ten staffers in a Beverly Hills office suite. But these lessors have become familiar faces at Boeing, the giant Seattle aircraft manufacturer. In 1980 only four of Boeing's 316 orders were placed by leasing companies; during the first half of 1986, their share skyrocketed to 109 out of 247. Overall, more than $10 billion worth of aircraft will...
...electronics stores filled with imported stereos and home computers. Relaxing in glossy Vorosmarty Square, they may enjoy coffee and pastry at marble-fronted Gerbaud's cafe. For dinner, they stop at well-appointed restaurants offering rich meals of pork and beef spiced with paprika, groaning dessert carts and good Hungarian wines. By comparison with the rest of Eastern Europe, the life-style in Hungary can be very fine...
...crossroads, preparing for the inevitable end of the Kadar era even as some of the bloom has gone from its enviable economic achievements. The economy, which during the 1970s grew at a robust 4.5% annual clip, is now slumping, widening the gap between affluent and less fortunate Hungarians. Private and state-run companies are ringing up huge losses, and traditional export markets are shrinking. Says one Hungarian journalist: "The mood is more unsettled and apprehensive in this country than at any time since...
While Kadar was cannily constructing Hungary's halfway-house economy, he scrupulously followed the Soviet line in matters of foreign policy. Hungarian troops took part in the 1968 Warsaw Pact invasion of Czechoslovakia, and its athletes joined the Soviet-led boycott of the 1984 Summer Olympics. When Soviet Leader Mikhail Gorbachev visited Budapest in June for a Warsaw Pact summit, Kadar guided him through the streets, greeting curious crowds with hearty smiles...
Hungary's next leader will be shadowed and overshadowed by the larger-than- life legacy of Janos Kadar. In one of the great twists of modern history, the onetime Butcher of Budapest has emerged as the outstanding Hungarian figure of the 20th century. Asserts one top party official: "We expect that the Kadar era as an idea will continue even after he has left power." So does Kadar, who puts his trust in the popularity of what he has accomplished, a remarkable tribute to himself and his countrymen and the freedoms built out of that total defeat 30 years...