Country Description


The economy of Hungary is based on a high-income, medium-sized, structural, institutional and political model and is a part of the single market system of the European Union. It essentially is an open economy with large foreign investments and ownerships in Hungarian firms. Hungary seeks to adopt Euro, the common currency of the European Union. The country precedes others in manufacturing the first steam engine and boasts of world-class facilities in technology and famous inventions in research and development of science. Gradual modernization, industrialization, growth and developments in all sectors have made the country a favorite spot for higher educational pursuits. Science, tourism, commerce and medical tourism are expanding by leaps and bounds fetching the country the essential revenues. The universities widely offer programs in English, Hungarian, Finnish and Estonian languages, which attract numerous students from different corners of the globe. Due to its high quality infrastructure and scientific research, the country has become one of the most internationally proclaimed destinations for various educational programs.

Geography

The country is defined by 45 and 49 degrees North latitudes and 16 and 23 degrees East longitudes and consists of flat rolling plains with the highest elevation of 183 meters above sea level. Hungary boasts of its beautiful landscapes, lakes and scenic beauties with Carpathians as the highest mountain.Hungary is the proud owner of Lake Heviz, world’s second largest thermal lake and the Danube River divides the country in two. The country is dotted with multiple national parks, nature reserves and thirty-five landscape protection zones and is ranked at 6th position worldwide for its environmental protection initiatives.



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Hungary

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