Central Europe economy Hungary News

Six reasons why the Central European recovery will be fast

Speaking at a regional conference, Varga said that the first reason for optimism is that according to the forecasts, the economies of the Carpathian Basin region may expand beyond the pre-epidemic level this year and next. As he said: Hungarian economic growth may be among the first within this, and may reach its pre-epidemic performance […]
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coronavirus pandemic economy European Union Hungary Commentary

Hungarian economy outperforms most European peers during pandemic

Although the Hungarian economy suffered an over 5 percent setback in 2020 due to the cumulative effects of the coronavirus pandemic, it still fared better than most other EU member states, whose average GDP shortfall was 6.4 percent, financial journalist Csaba Szajlai writes in daily Magyar Nemzet.

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