International

Why sovereign debt restructuring takes so long: an explanation

Why sovereign debt restructuring takes so long: an explanation

Sovereign debt restructuring is the negotiated or judicially mediated modification of the terms of a country’s external or domestic public debt when the original terms become unsus...

Economy

From Budapest, Hungary: entrepreneurs’ methods for attracting international customers from smaller markets

From Budapest, Hungary: entrepreneurs’ methods for attracting international customers from smaller markets

Budapest combines a deep technical talent pool, relatively low operating costs, favorable corporate taxation, and strong ties across Central and Eastern Europe. The city hosts universities, accelerators, and a growing startup ecosystem that repeatedly produces internationally sca...