EC recommends improving business environment
Hungary's growth potential is weak in relation to a worsening business environment, which is to a large extent driven by the lack of predictability and distortive effects of government policies, the European Commission said on Wednesday in its Country Specific Recommendations, published at the same time as it recommended ending the excessive deficit procedure against the country. Hungary faces serious challenges in the short- to medium term, related to the business and legal environment and economic growth potential, which could also undermine the success of fiscal consolidation, the Commission said. The Commission has issued seven country specific recommendations to Hungary, including taxation, budgetary and social issues.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.