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Country Fast Facts: Hungary

































Hungary




























(CBS)

Hungary was part of the polyglot Austro-Hungarian Empire, which collapsed during World War I.



The country fell under Communist rule following World War II. In 1956, a revolt and an announced withdrawal from the Warsaw Pact were met with a massive military intervention by Moscow.



Under the leadership of Janos KADAR in 1968, Hungary began liberalizing its economy, introducing so-called "Goulash Communism." Hungary held its first multiparty elections in 1990 and initiated a free market economy.



It joined NATO in 1999 and the EU in 2004.



Source: CIA World Fact Book