Romhányi identified these one-off factors as government spending, the rapid utilization of European Union funding in both 2014 and 2015, increasing production at Audi and Daimler plants in Hungary and the government’s Funding for Growth Scheme to help SMEs obtain credit under favorable conditions.
The director said that without the above one-off factors, Hungary’s GDP growth would be around 1% in 2015. KFI has prepared its analysis of GDP growth in Hungary in cooperation with former Hungary’s PM Gordon Bajnai’s Patriotism and Progress Association.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
