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European Commission puts Hungary GDP growth at 2.8% in 2011

The European Commission projected Hungary's economy will expand by 2.8% in 2011 in its fresh biannual forecast published on Monday, unchanged from its projection in the spring.

The forecast is slightly under the government's projection of 3% GDP growth for 2011.

The Commission raised its projection for GDP growth in 2010 to 1.1% in the autumn forecast from stagnation in the spring. (MTI-ECONEWS)