Retirement generates an income loss in all countries. However, Hungarian employees suffer the smallest decline in living standards after retirement in the whole of Europe.

The most recent OECD report paints a grim picture of the European economies’ imminent prospects, but thanks to the government’s strategic crisis management, Hungary is set to outperform all of its regional counterparts.

The EU is not only acting to apply pressure in international taxation, but is also seeking legal harmonization among member states.