RaboResearch - Economic Research

Country Report

Country Report Hungary

Thanks to a policy-induced rebound of domestic demand and solid exports, Hungary exited recession last year while keeping its budget deficit below 3% of GDP. Yet, sustainability concerns remain, as unorthodox policies will likely continue beyond the parliamentary elections in April.

Country Report

Country Report Hungary

Hungary’s economy fell back into recession last year and growth is expected to remain negative in 2013. Its government managed to keep the budget deficit below 3% of GDP, but very high foreign currency-denominated debt remains a major source of risk.