The European Commission expects slower economic growth in Hungary and lower deficits
According to the “winter economic forecast” of the European Commission (EC) in 2015 and in 2016, the European Commission expects slower economic growth in Hungary. The European Commission also lowered the forecast for this year's budget deficit as well.
The European Commission in its latest forecast published on Thursday expects 2.4 percent Hungarian GDP growth for 2015 and 1.9 percent growth for the next year.
The European Commission revised down the budget deficit to 2.7 percent from previously expected 2.8 percent, while for 2016 a 2.5 percent deficit is expected. (MTI)
Related news
The European Commission’s agriculture and food roadmap guarantees EU food security
The European Commission’s agriculture and food roadmap adopted in February…
Read more >EU Commissioner: European Commission’s agriculture and food roadmap guarantees EU food security
The agriculture and food roadmap adopted by the European Commission…
Read more >Agrometeorology: Night frosts to return next week
Further heavy rain is expected until the end of the…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >