Nagy: Economic growth 'could reach 6%' in 2021

Banking

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This year, economic growth could reach up to 6%, and next year 6-7% can not be ruled out, and with this performance, Hungary can leave the neighboring countries behind and become the leader of the region again, Márton Nagy, the prime minister's chief economic adviser (and former deputy governor of the central bank) told the InfoRádió Arena program. 

Nagy said the economy was already expected to perform well this year despite the negative effects of the epidemic for two reasons. 

"On the one hand, as a result of the economic policy of the last 10 years, the Hungarian economy has become stronger and more crisis-resistant, and on the other hand, Hungarian crisis management has intervened well, quickly and with targeted means to protect and restore the economy," he explained.

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