AA

EC Revises Hungary Growth Forecast to 3.2%

2020. február 10.

Portfolio

Although the European Commission has revised both its 2019 and 2020 growth forecasts for Hungary upwards, the 2020 forecast is still well below the Hungarian government's stated target, Bruxinfo reported. According to the report, the EC expects slower growth due to advance payments of EU funds and the stimulating effect of last year's local government elections. More...