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EU has 7 years planning interval. Is not bad and tends to overlap the usual 4 years legislature in member countries.

by ccozan 8mo ago

newsclues 8mo ago
Companies are on quarterly schedules. Countries/cities/counties are often 4ish years. XI has been the head of the CCP for 14 years
- locknitpicker 8mo ago
  Hungary's Orban has been in power for how long? 16 years and counting? Is Hungary a paragon of growth and strategic planning?
  - joe_mamba 8mo ago
    >Is Hungary a paragon of growth and strategic planning? Kinda, yeah. Foreign investors love doing business with dictators due to guaranteed stability versus the political pendulum swinging every 4 years. HEnce why more manufacturing is opening in Hungary. BMW: Opened a new, fully electric vehicle plant in Debrecen in September 2025, with series production of the BMW iX3 starting in late October 2025. Mercedes-Benz: Announced expansion of its Kecskemét plant to start producing the A-Class model in 2026, further solidifying its presence in Hungary where it already manufactures other models. BYD: The Chinese EV maker is building its first European production facility in Szeged, with operations set to begin by the end of 2025 or early 2026. The €4 billion plant will initially produce tens of thousands of vehicles annually, focusing on EVs for the European market. CATL: The world's largest battery manufacturer is constructing a massive plant in Debrecen, expected to start production in early 2026. This supports Hungary's EV ecosystem, supplying batteries to automakers like BMW. Flex (Flextronics): Inaugurated a new high-tech "NextGen" plant in Zalaegerszeg in November 2025, worth 35 billion HUF (about €90 million). It focuses on electronics and components for the automotive industry, creating 210 jobs in research and production.
    - dep_b 8mo ago
      Hungary was outpaced by all WU countries in the last 20 years: https://gki.hu/language/en/2024/06/18/hungarys-20-years-in-the-eu-how-have-pensions-changed/ https://gki.hu/language/en/2024/06/18/hungarys-20-years-in-t... I guess it’s attractive for its low wages? But not because of something Orbán pulled off.
    - locknitpicker 8mo ago
      > Kinda, yeah. You must be talking about an entirely different Hungary, because the one in the EU is described as "an ailing economy in Europe". https://www.lemonde.fr/en/economy/article/2025/08/18/hungary-an-ailing-economy-in-europe_6744492_19.html https://www.lemonde.fr/en/economy/article/2025/08/18/hungary... Academic papers on Hungary's recent history report a clear negative impact of Hungary's illiberal regime. https://www.sciencedirect.com/science/article/pii/S2667319325000163 https://www.sciencedirect.com/science/article/pii/S266731932...

EU has 7 years planning interval. Is not bad and tends to overlap the usual 4 years legislature in member countries.

by ccozan 8mo ago

EU has 7 years planning interval. Is not bad and tends to overlap the usual 4 years legislature in member countries.

Companies are on quarterly schedules. Countries/cities/counties are often 4ish years. XI has been the head of the CCP for 14 years

locknitpicker 8mo ago
Hungary's Orban has been in power for how long? 16 years and counting? Is Hungary a paragon of growth and strategic planning?
- joe_mamba 8mo ago
  >Is Hungary a paragon of growth and strategic planning? Kinda, yeah. Foreign investors love doing business with dictators due to guaranteed stability versus the political pendulum swinging every 4 years. HEnce why more manufacturing is opening in Hungary. BMW: Opened a new, fully electric vehicle plant in Debrecen in September 2025, with series production of the BMW iX3 starting in late October 2025. Mercedes-Benz: Announced expansion of its Kecskemét plant to start producing the A-Class model in 2026, further solidifying its presence in Hungary where it already manufactures other models. BYD: The Chinese EV maker is building its first European production facility in Szeged, with operations set to begin by the end of 2025 or early 2026. The €4 billion plant will initially produce tens of thousands of vehicles annually, focusing on EVs for the European market. CATL: The world's largest battery manufacturer is constructing a massive plant in Debrecen, expected to start production in early 2026. This supports Hungary's EV ecosystem, supplying batteries to automakers like BMW. Flex (Flextronics): Inaugurated a new high-tech "NextGen" plant in Zalaegerszeg in November 2025, worth 35 billion HUF (about €90 million). It focuses on electronics and components for the automotive industry, creating 210 jobs in research and production.
  - dep_b 8mo ago
    Hungary was outpaced by all WU countries in the last 20 years: https://gki.hu/language/en/2024/06/18/hungarys-20-years-in-the-eu-how-have-pensions-changed/ https://gki.hu/language/en/2024/06/18/hungarys-20-years-in-t... I guess it’s attractive for its low wages? But not because of something Orbán pulled off.
  - locknitpicker 8mo ago
    > Kinda, yeah. You must be talking about an entirely different Hungary, because the one in the EU is described as "an ailing economy in Europe". https://www.lemonde.fr/en/economy/article/2025/08/18/hungary-an-ailing-economy-in-europe_6744492_19.html https://www.lemonde.fr/en/economy/article/2025/08/18/hungary... Academic papers on Hungary's recent history report a clear negative impact of Hungary's illiberal regime. https://www.sciencedirect.com/science/article/pii/S2667319325000163 https://www.sciencedirect.com/science/article/pii/S266731932...