Budapest remains a gem for Israeli investors Jerusalem Post | June 24, 2004| | . Provided by ProQuest LLC. (Hide copyright information) Copyright

JESSICA STEINBERG
Jerusalem Post
06-24-2004
Headline: Budapest remains a gem for Israeli investors
Byline: JESSICA STEINBERG
Edition; Daily
Section: Economics
Page: 17

Thursday, June 24, 2004 -- For Hungarians, membership in the European Union has meant joining the war in Iraq, thinking about the euro, and being scolded for rising interest rates. But for Israelis, Hungary means one thing: Budapest real estate.

For much of the last decade, local investors and developers have been heading to there to purchase apartments and construct offices, hostels, and hotels. They are part of the wave of ...

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