Posted by: Noëmie van Wylick Posted on: Monday 13 December 2010, 10:34

According to forecasts from the GKI Economic Research Co. prepared in co-operation with Erste Bank, following a slight GDP growth of 1pct in 2010, the Hungarian economy will expand by about 2.5pct in 2011 - better than the EU average, but slower than in many neighboring countries.

The restructuring of taxes in 2011 brings the general government deficit under 3pct. However, fiscal sustainability is not ensured and the measures announced are unfavorable to economic growth, GKI added.

bron en meer info: ITD Hungary, www.investhungary.com