According to a survey, 45 percent of Hungarian companies do not expect a recession this year

By: Trademagazin editor Date: 2020. 07. 10. 11:22

Hungarian companies are more optimistic than the European average, because while 56 percent of European companies expect a recession within a year, only 50 percent of Hungarian companies believe that the country’s GDP may decline in 2020 – according to Intrum’s international survey.

According to the announcement, a representative survey conducted between 31 January and 5 April 2020 asked managers of 11,856 companies in 29 European countries, including 445 Hungarian companies, how they see their company’s situation and what solutions they plan to solve their financial problems. (MTI)