Hungary not affected by loan crisis

Food

Though Central and Eastern European countries seem to be well-protected against the effects of the global loan market crisis, their growth will not be as fast as predicted before, a forecast of the European Bank for Reconstruction and Development (EBRD) said.

Hungary may expect a GDP growth of 1.7% this year following last year’s 1.3% and prior to next year’s 3%, EBRD said. Countries, which are net exporters of energy and countries that can postpone the necessary anti-inflation measures will be able to grow faster, EBRD said. The most important problem of the region is inflation, which reaches two digits in some countries, EBRD said. (Napi Gazdaság)

ADVERTISEMENT

Climate change hurts economy, but creates new business oppor... Analysis

Climate change hurts economy, but creates new business oppor...

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.