Hungary’s economy could grow at a faster clip this year than the government’s projection, Prime Minister Viktor Orbán said on public radio on Friday.
Orbán told Kossuth Rádió he expected economic growth to be bigger than many expect, adding that the European Union could change its position on the matter in the second half of the year.
The European Union said Hungary’s GDP would grow 0.2% this year in a forecast published in May. The government projects 0.7% GDP growth. “[The European Commission] projected a poor economic year for us, but in the meantime, Hungary is performing well,” he said.
Orbán said the government had no further tasks with regard to the lifting of the EC’s excessive deficit procedure against the country, but would wait for EU finance and economy ministers to decide on the EC’s recommendation later in June. The EC recommended in May that the excessive deficit procedure be lifted.
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