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
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.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Hungary, Visegrad countries