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Hungary in the world - the world and Hungary
28/11/2007 Hungary welcomes the outcome of the Annapolis Conference - Statement of the Foreign MinistryMore
Last updated on 20/11/2007 (c) Ministry for Foreign Affairs of the Republic of Hungary
Hungary, which lies in the Carpathian basin, was inhabited by the nomadic Magyars in the 8th century AD.
In 1526, Hungary faced defeat at the hands of the Ottoman Turks, a defeat that brought to an end the independence of the country.
Hungary participated in both World War I and II as an ally of Germany.
Hungary borders on Slovakia in the north, on Ukraine in the northeast, on Romania in the east, on Slovenia, Croatia, and Serbia and Montenegro in the south, and on Austria in the west.
Hungarys economy underwent difficult readjustment in the 1990s, as it moved from producing goods chiefly for export to the USSR to developing a market-based economy and finding new trading partners.
Hungary aided the USSR in the invasion of Czechoslovakia in 1968.
Hungary became a patrimonial kingdom where the majority of the lands were the private property of the ruler.