Fiscal Stability

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GDP growth + stability and fiscal responsibility = Hungary’s economy recovery

In the third quarter, Hungary’s GDP grew by 3.9 percent (4.1, if adjusted for seasonal and calendar effects), beating expectations and the EU average, which came in at 2.5 percent. Meanwhile, the country’s finances are finding stable footing, with the annual budget deficit remaining well below three percent and the debt-to-GDP ratio on the decline.

Dec 12, 2017 - Zoltán Kovács