Some features of the privatisation in Hungary

An assessment of the economic policy and social environment of the privatisation process, with reference to the available data. In the authors opinion, the strengthening of the private sector in the transitional economies has begun, but it is not exclusively privatisation that provides the main driving force behind that. Due to the hard financial situation of the entrepreneurial sphere, the circle of the privatised firms is far from stable. Through bad debts, the nationalised banking sector appeares as a prime owner of many, and formally privatised companies .