More Businesses Have Crisis Plan

Analysis

A survey conducted by the Niveus Consulting Group on the economic expectations of Hungarian businesses revealed that 83% of companies have a crisis plan, which is an increase compared to last year's 40%, writes the business daily Világgazdaság.

In the event of an economic crisis, companies would like to see wage and contribution subsidies and tax reductions.

Some 75% of those surveyed believe the country's economic prospects will be worse in the next two years than in the past two years.

They are not overly optimistic about their own business either: 63% expect more unfavorable years; last year, this proportion was only 45%.

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