Independent Food Retailers Feel The Pinch In Hungary

Hungarians are hunkering down for some tough months, even years, ahead. Pessimists say the country is joining a wider arc of disaffection among the Central and Eastern European (CEE) states that joined the EU in 2004 - standing alongside political paralysis in Czech Republic and erratic, populist governments in Poland and Slovakia. Recent figures released by Hungary Statistics will feed the discontent felt by independent food retailers, with data showing that the number of supermarkets nationwide fell by a dramatic 1,000 nationwide in the 12 months to June 30 2006. Not stated in the figures, but clear to everyone looking

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