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Visit from Hungarian Ambassador, His Excellency Kristóf Szalay-Bobrovniczky & TALK: In the Spirit of Rubik’s Cube – Hungary’s Smart Transition to a Knowledge Based Economy, Cardiff University School of Business, 23.11.18

His Excellency, Kristóf Szalay-Bobrovniczky, is the ambassador to the court of St James. His background is in finance, industry, publishing, armed forces and politics. His hobbies include polo, showjumping, shooting and sailing. Kristóf was pleased with the attendance of his lecture. He enjoyed the fact that so many people had gathered to hear about his ‘strange little country’. Hungary covers 93000 square kilometres and has a population of 10 million which when you include the diaspora of Hungarians living abroad in neighbouring countries, reaches 15 million. In Hungary they are concerned for their survival. Hungarians are non-Slavic, non-Germanic and non-Latin. Their language is a secret code, although increasingly in his travels across Britain, Kristóf is always meeting fellow Hungarians, be it in hotels or posh private clubs. Hungary is in a strategic location. There are opportunities and advantages in this location but equally it can be like sleeping next to a motorway. The Magyars originally invaded, coming from the East on horseback in the 800s around the time of the Vikings. Mongols and Ottomans were camped out on their doorstep and Hungary has only recently shaken the yolk of occupation from the Soviet Union. In modern times Hungary is at a commercial crossroads and it benefits from being central to the energy pipelines running across from Russia into Europe. In 2010 a new government came into power and it is this government’s mission to focus on economic stability. In 2010 it was indebted 86% of GDP and had to be bailed out by the IMF. This figure is now 73% and dropping. 12% unemployment has, by publics works schemes, dropped to an excellent figure of 3.6%. There had been stagnant economic growth but now, for the last quarter this year, growth is at 5%. There is comfortable regular growth of 3.6%, 3.8% and 4%. Corporation tax has been increased and there is a policy of strict financial vigour. The Maastrict criteria has been fulfilled although the government do not wish to currently take on the Euro. There has been a change in the tax system with a revolutionary flat tax system being introduced. Income tax is fixed at a universal 15% and corporation tax is at 9%. VAT is 0% for food and 27% for luxury goods. The economy is now more sustainable and stronger. A new ministry has been created of Foreign Affairs and Foreign Trade. Hungary is looking…

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The Return of El Pistolero: Luis Suarez

The ten match ban which has dragged on since last season is finally over. Our star striker, El Pistolero, will be back available for selection this week for our critical clash with Manchester United in the fourth round of the League Cup. After the dismal results in the league for the past two games, hopefully Suarez will be very welcome back at his club. Will the fans support him as vociferously as they have done since he signed from Ajax in January 2011? I for one found the summer particularly frustrating. I love Suarez and especially the goals he scores for us. He is the club’s star player and was unlucky not to have outshined Gareth Bale in all the major player awards last season. Big players do attract interest from other top clubs and Suarez is no different. I can remember how distraught I was when the Gerrard deal to Chelsea was almost done and dusted. This summer brought back those terrible memories. OK, Steven Gerrard finally had a flash of common sense and decided to stay at his boyhood club and the supporters rallied even further behind our iconic club captain. But, will the case be the same for Luis Suarez? At first, I dismissed the early summer transfer talk as pure speculation, but then it slowly started to emerge that the rumours were rooted in truth. Suarez used the press he claimed he hated so much to try to engineer his dream move to Real Madrid. Here we have a player claiming how he wants to leave England because of the press hounding he gets and then in almost the same breath, he uses the very same press to express his discontent at Liverpool. OK, he had a point on several issues. We didn’t qualify for the Champions League yet again, not even the mediocrity of the Europa League can indeed be promised this season. Our league finish was very poor and we finished a country mile away from our targets. A trophyless season leaves both players and fans disappointed. But, stick with the program, Luis. You are our talisman, our lead goalscorer. At Anfield you have the total support of the best fans in the world. Can the likes of Arsenal offer the vibrant crowd action that the Kop generates? Not even Madrid have the dedicated support of Liverpool. As the summer wore on, the player…

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