Running contrary to today’s positive EU economic numbers, Hungary announces that its economy has entered recession with its second consecutive quarter of negative GDP growth at -0.8% for the third quarter of 2024.

In comparison, Germany’s third-quarter GDP growth came in at +0.2%.

Already the poorest country in the EU, Hungary’s embrace of autocracy and growing alliances with Russia, Iran, and China doesn’t bode well for the nation that Transparency International ranks as the most corrupt in the EU.

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