BMI View: Hungarian defence spending remains relatively modest compared to the Europe region as a
whole, and has declined as a percentage of GDP over the last decade, reflecting the country's stable
security environment. We currently forecast the defence budget to rem ..."
BMI View: Hungary acknowledges that its geographical position in Central Europe, bordering the Ukraine
as well as the Balkans, presents some threats, as well as opportunities. Stability in Central and Eastern
Europe and South East Europe, remains the top priority for ..."
BMI View: The expansion and modernisation of Hungary's military forces and hardware was hampered in
2013 by the centre-right Fidesz party government's firm commitment to reining in the budget deficit to
below 3.0% of GDP in an effort to exit the EU's Excessive Deficit ..."