- Hungary's GDP is projected to rise 2.4% in 2027 from an estimated 1.7% in 2026, Finance Minister Andras Karman said Wednesday.
- The growth acceleration is boosted by the unfreezing of €16.4 billion ($18.4 billion) in European Union funding for Hungary.
- A credible path toward euro adoption is set to spur a further rally in Hungarian bonds.
- The new government is focused on increasing productivity, with benefits expected in the longer run.
Quotes
“Gross domestic product is projected to rise 2.4% in 2027 from an estimated 1.7% in 2026, boosted by the unfreezing of €16.4 billion ($18.4 billion) in European Union funding for Hungary.”
“The new government is focused on increasing productivity, some of whose benefits will probably be felt in the longer run”