Mentioning the phrase Eastern Europe, the first thought that passes most of the minds is
the bloc of those countries, which were aligned with the Soviet Union. The Union fell in
1991, but the countries are still described as backward and often undemocratic. The last
elections did not help on the stereotype towards Hungary either. “The government has
felled on the tree of democratic constitutionalism that she planted after the change of
regime”- as Kim Lane Scheppele said.
Having won two thirds of the votes, the current government gained not only the right to
change the constitution, but the rewarding attention of the European Union as well.
Constant quarrels with the European Council, increasing anti-Semitism, lack of freedom of
speech, unconscious policy-making, anti-constitutionalism are already written on the bill.
A whole continent pays attention on the next step of the governing party. In the meantime,
the unorthodox policy of the past two years has put the country in a leading position in
terms of debt held by households and made the national currency so volatile that the net
buying of domestic Hungarian bonds by foreign investors has turned negative recently.
The legitimacy of the EU is not enough to regulate the Hungarian system. The situation is
depressing, while the country is facing with the same exact problems as the rest of the
world, such as: economic crisis, climate change, decreasing agricultural productivity. It
seems that the country is at the end of an era of continued growth. What are the
possibilities for prosperity for this declining nation? And what has remained for a nation
left miserable by its own government in the middle of a crisis? We are on a verge to
change, but are we in the right direction or is it about time to change the rules of the game
once again?
Being the CEO of a start-up is not that special nowadays. New and successful enterprises
can accelerate the economy by creating jobs, increasing social mobility and improving the
nation’s living standards. According to studies, people from countries that are on the edge
to fail economically, are more willing to start their own businesses as they have got
nothing to lose, and they are more focused on discovering market gaps. The same
happened with Hungarians. Budapest is now one of the main start-up hubs of Europe. By
using the growing willingness towards creating a start-up, not only Hungary but any
