wiiw Forecast Reports
HUNGARY: Formidable take-off with limited expiration date
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in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 61-64
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HUNGARY
Economic growth in Hungary accelerated still more in the second quarter of 2014, driven by a robust take-off in investment and an increase in household consumption for the first time in many years. However, the looming scarcity of EU-financed projects, the prevailing legal uncertainties and an ailing financial system may well render the current boom unsustainable.
Economic growth in Hungary accelerated still more in the second quarter of 2014, driven by a robust take-off in investment and an increase in household consumption for the first time in many years. However, the looming scarcity of EU-financed projects, the prevailing legal uncertainties and an ailing financial system may well render the current boom unsustainable.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Hungary, Visegrad countries