GKI: the threat of global collapse averted, but we are not throught the crisis
In the majority of the world economy, the recession technically ended in the third quarter, in Hungary it is only expected in the last quarter. The recovery can be earlier-than-expected, but fall backs can not be excluded – set out GKI.
The reaching of the previous level of the GDP is expected only in 2011-12 worldwide. In the EU in 2010, only a modest growth, in Hungary stagnation is expected.
In the U.S.A. an annual average downturn of 2.5 percent in the EU, 4 percent, in Hungary 6.5 percent is expected. However, the Hungarian economy in 2009, does not use external sources of financing.
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