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Hungarian Economy Still Shows Weakness
The country´s economic growth remains low, public debt leaves no leeway for fiscal policies. A high level of foreign debt remains a significant weakness of the Hungarian economy.
Hungarian Economy Still Shows Weakness / Picture: © Vindobona.org
The country’s indebtedness leaves little room for fiscal policy measures
In addition to foreign debt, the relatively high public debt of around 80% of GDP continues to pose a challenge to economic policy. The special measures introduced by the government to reduce public debt, such as special taxes imposed on various sectors of the economy and in particular the nationalisation…
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