The European Commission has revised its forecast for the Hungarian economy this year
The European Commission has revised its forecast for the Hungarian gross domestic product (GDP) growth, according to which economic growth is expected to be 4.6 percent this year, the third highest in the European Union, compared to the previous estimate of 3.7 percent.
The Brussels Economic and Financial Affairs Directorate-General (EcFin) released its autumn forecast on a 2.8 percent growth for 2020 and 2021, which is in line with the May forecast. (Bajnok Artúr, MTI)
Related news
More than 250,000 Hungarian farmers stand in favor of preserving area-based subsidies
The NAK and MAGOSZ representatives personally took the petition to…
Read more >Eggs are also becoming more expensive in the EU
According to data from the European Commission, the EU (EU27)’s…
Read more >The European Commission has proposed to strengthen the competitiveness of the EU wine sector
The European Commission is proposing measures to improve the competitiveness…
Read more >Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >