Hungary - HISTORICAL AND POLITICAL SETTING

Income Funds   Growth Funds   Corporate Bond   Mortgage Securities   Municipal Bonds   Zero Coupon   Treasury Securities   Life Insurance   

Hungary had a glorious military tradition in the Middle Ages. However, long resistance to the Ottoman Turks left Hungary weak, and the country was eventually partitioned by the Turks and the Habsburgs in 1541. Thereafter--except for the period between World War I and World War II--Hungary's armed forces have been subject to those of an outside power, first the Habsburg imperial army and then, after World War II, the Soviet-dominated Warsaw Pact.

Hungary has played less of a role in the Soviet alliance system than the other Warsaw Pact countries except for Romania. It had the smallest army in the Warsaw Pact (see Glossary). Unlike the German Democratic Republic (East Germany) and Czechoslovakia, which border on the Federal Republic of Germany (West Germany), Hungary does not border on a member of the North Atlantic Treaty Organization (NATO).

Data as of September 1989


Next Page    Prev Page    Index Page    

Other Links:  MarketSigns.com  IRS FAQ's  IRS Tax Info  Employer's Guide for Tax  Individual Federal Tax  Tax for Small Business  Tax on Med&Dental Exp.    
Countries  Lebanon  Libya  Macau  Madagascar  Maldives  Mauritania  Mauritius  Moldova  Mongolia