The Hungarian corporate sector activity is bad
According to the recent Statistics on financial accounts released on Monday; the Hungarian corporate sector activity has never been so deep, as in the third quarter of 2009.
The datas highlight the fact that the brutal adaptation of the Hungarian economy to the global crisis, rather represents the retail and corporate debt, than the automatic correction, of the public finances.
The greatest degree of adaptation was shown by the corporate sector. The sector showed a 4 percent of GDP surplus last year – reports Portfolio.hu.
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