As a result of the latest Greek rescue package, the negative effects of the European debt crisis have eased; however, Europe, including Hungary, is still in danger.
As a result of the latest Greek rescue package, the negative effects of the European debt crisis have eased; however, Europe, including Hungary, is still in danger. The Hungarian export growth rate is expected to decline slightly in the second half of the year. The decrease of domestic demand has stopped: both consumption and investments are expected to grow modestly. GDP is expected to increase by around 2.5 per cent in 2011.
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