Inhabitants of a small village in Hungary deal with the effects of the fall of Communism. The town's source of revenue, a factory, has closed, and the locals, who include a doctor and three couples, await a cash payment offered in the wake of the shuttering. Irimias, a villager thought to be dead, returns and, unbeknownst to the locals, is a police informant. In a scheme, he persuades the villagers to form a commune with him.

A naive young man witnesses an escalation of violence in his small hometown following the arrival of a mysterious circus attraction.

Set during the fading glory of the Austro-Hungarian empire, the film tells of the rise and fall of Alfred Redl, an ambitious young officer who proceeds up the ladder to become head of the Secret Police only to become ensnared in political deception.