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
07:26
EURO VOLLEY 2026 | Romania defeated the Olympic champion after coming back from 0-2!
07:11
Donald Trump threatens the European Union with additional tariffs if it accepts Canada as an associate member
07:08
Update - Violence in Victory Square | One man was placed in preventive custody, while four others were placed under house arrest
07:03
The U.S. Congress adopts a sweeping package of sanctions against Russia
23:57
The Chinese Communist Party restricts IT specialists’ travel abroad, fearing defections and information leaks
See more news