Pioneer: a growth of around 4 percent is expected in Hungary

In the next two years the economic growth can be around 4 percent in Hungary and the CEE region has also have favorable prospects – Forián-Szabó Gergely, chief investment officer of the Pioneer Alapkezelő Zrt. fund management Ltd. said in Budapest on Thursday at the company’s press conference.

According to the expert, economic growth is supported by a further rise in wages and the consumption of households, a slight fiscal stimulus, as well as the inflow of EU funds in addition to the central bank’s loose monetary policy. (MTI)