Privatization and Liberalization of the Sector of Electrical Energy in Hungary
Gábor Bakos
Abstract
Gábor Bakos
Abstract
Hungary, one of the leading in the reforms countries from South Europe, bravely privatizes the energy sector with foreign capital. While in West as a result of the liberalization reached was a plenty of electrical energy and strong decrease of the tariffs, in Hungary it led to surplus of powers, but there is a long way to go till reaching lower tariffs. Now the country faces the challenges to liberalize the energy market, meeting all the problems accompanying this process.
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Hungary, one of the leading in the reforms countries from South Europe, bravely privatizes the energy sector with foreign capital. While in West as a result of the liberalization reached was a plenty of electrical energy and strong decrease of the tariffs, in Hungary it led to surplus of powers, but there is a long way to go till reaching lower tariffs. Now the country faces the challenges to liberalize the energy market, meeting all the problems accompanying this process.
Key concepts: Liberalization, Energy sector, Foreign capital, Capital (architecture), Energy (signal processing), International economics, Economics, Business