Ernst & Young forecasts further troubles for Hungary

By: trademagazin Date: 2010. 10. 01. 00:01

Unemployment is still about to reach its peak next year in Europe, therefore problems of the euro-zone will definitely have a bad effect on Hungary – Ernst & Young published in their recent summary.

Hungary's GDP is likely to reach a 0.5 percent rise in 2010 according to Ernst & Young, due to the fact that troubles of the euro-zone will most likely have a dramatic effect on Hungary's GDP. However, it is also likely that the number of invistments will see a signigicant growth which will lead to a 4.5-5 percent rise in 2012 and 2013 – reports fn.hu.



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