Fitch: the EU recovery fund will significantly accelerate the recovery of the Central European EU economies

The European Union’s recovery fund, especially next year, is expected to significantly accelerate the recovery of EU economies in Central and Eastern Europe from the shock of the coronavirus pandemic, according to a study by Fitch Ratings in London. According to the forecast of the international credit rating agency, in 2022 Hungary’s gross domestic product (GDP) will grow by almost 7 percent – at the fastest rate within the group of countries.