The protests against the so-called “slave law” have died down, losing their unprecedented momentum and enthusiasm. The trade unions threatened the authorities with a general strike that would bring Hungary to a standstill, but nothing came of it.
Despite the increasingly unstable political environment, the CSE witnessed an upsurge in overall deal value of 12.5 per cent year on year reaching a total value of the EUR80.5bn in 2018, according to the latest report on M&A published by the law firm CMS.
The rate of global economic growth is around 4 per cent per year, as a result of which the situation on the labor markets is improving and the profits of enterprises are increasing. The tax revenues are also increasing, often faster than GDP.