Hungary's public debt increased significantly in the second quarter, reaching 76% of GDP, with a current account deficit of 2,773 billion forints. The rapid increase in debt is influenced by stagnating GDP and high interest expenditure, with the budget expected to allocate 3.836 trillion forints to this. Although debt has previously declined, it has steadily risen in recent years as a result of bad economic policies. Analysts expect a slow reduction in debt in the future, but the situation remains worrying.
Sources
Latest News
12:10
British prosecutors have filed an official request for the extradition of the Tate brothers from the US
12:05
People with ADHD have a 48% higher risk of gastrointestinal symptoms, according to an analysis of 23 studies
11:55
Valérie Hayer proposes a pact with Canada for a joint response to trade coercion
11:53
Diana Buzoianu announces the definitive recovery of 33 hectares on the Tuzla cliff
11:46
Tucker Carlson claims that Donald Trump directly ordered the cover-up of the Epstein files
See more news