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TakarékBank analysts put 2011 GDP growth at 3%, in line with govt target

TakarékBank analysts expect Hungary's economy to grow 3% this year, in line with the government projection, but they note uncertainty among market players regarding the government's reform plans, TakarékBank chief analyst Gergely Suppan said at a press conference on Tuesday.

A reform package to be announced by the government in February could improve Hungary's risk assessment, Suppan said. The package is expected to save HUF 600 billion-800 billion.

The analysts put annual average inflation at 3.8% for 2010, over the government's 3.5% target. (MTI-Econews)