GKI: the threat of global collapse averted, but we are not throught the crisis

By: trademagazin Date: 2009. 12. 16. 00:01

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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