Hungary: Standing up to the west?

Since the fall of Communism, Hungary has been doing everything the Western institutions have asked, privatizing and selling off state assets, which resulted in heavy debts and low living standards.

Now, the new government is hitting back by raising taxes on foreign companies and trying to protect its domestic market.

However, it has been criticized by the EU, IMF and the Western media.

Hungarians have also taken to the streets of Budapest and the Western media is championing the views of the protesters and damning the government.