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OECD Shows Great Concern over Hungarian Economy

Published: January 27, 2014; 17:43 · (Vindobona)

According to the OECD, the country’s recovery from recession will be weak in 2014 and 2015

OECD Shows Great Concern over Hungarian Economy / Picture: © Flickr

The organization called upon Hungary to show “extreme caution” in regard to further monetary interventions and reducing certain taxes, particularly bank levies. OECD anticipates growth at 2.0 percent this year and 1.7 percent next year, in line with the November forecasts.

"Growth potential is held back by weak investment, low employment among low-skilled workers and…

This article includes a total of 147 words.

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