The OECD expects the growth of Hungarian economy already this year

This year, the Hungarian economy can increase, since the revival of external demand offsets the weakness in domestic demand – states the projection of the Organization for Economic Cooperation and Development (OECD).

The experts of the Paris-based institute, consider very positive growth prospects for Hungary: According to their projections; the GDP may expand by 1.2 percent this year, while a 3.1 percent growth may occur next year. The prognosis of the OECD, shows a significantly better picture, than the Spring forecast of the European Commission: the last projections of Brussels forecasted stagnation for 2010 and a 2.8 percent GDP growth for the next year – reports hvg.hu.