The Coface is expecting a 2.3 percent GDP growth in Hungary

This year, a 2.3 percent GDP growth is expected in Hungary. The Hungarian economy is only moderately affected by the strenghtening of the Swiss franc, due to the fixing fixing of the price of the foreign currency loans – the Coface international credit insurer states in its fresh analysis.

The Paris-based credit insurance company in its analysis considers its positive in relation to the Hungarian economy that infrastructure is reliable, the workforce is skilled and the degree of foreign investments is significant. The Coface in its analysis sent to MTI also points out that the high state debt, however, is a risk to economic development. (MTI)