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Hungary: Positive Outlook, Negative Frame Conditions
Politics ♦
Published: December 21, 2013; 19:47 ♦ (Vindobona)
In the short term, Hungary´s economy will accelerate. However, it is still uncertain whether the country achieves a sustainable return to growth.
Hungary: Positive Outlook, Negative Frame Conditions / Picture: © Vindobona.org
Hungary has left the double-dip recession behind. Due to the massive monetary easing policy, Hungary returns to growth already in 2013. Next year, GDP will accelerate further. In 2013, GDP is expected to expand by 0.6%. Next year, Hungary´s anticipated GDP growth is 1.2%, the EBRD forecasts.
Despite the improving economic outlook, Hungary´s political uncertainty remains.…
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