Hungary's government has slashed its economic growth forecast for 2025, reflecting a sluggish economic recovery and rising inflation.
Cristina Petrache
International
Foto JOHN THYS / AFP / Profimedia
Always see our news on Google
The decision to adjust the economic growth forecast for 2025 comes against the backdrop of a sluggish economic recovery in Hungary, hit by high inflation triggered by Russia's invasion of Ukraine. The new estimate, 0.8% according to the Hungarian central bank and 0.9% according to the OECD, marks the weakest economic performance in three years under Viktor Orban. The government plans to implement social measures to counter the negative effects.
Sources
Latest News
21:58
England defeated Croatia 7-0 / The Croatian national team suffered the heaviest defeat in its history
21:39
Gloria Bistrița lost to Győr, 36–32, in the fourth round of the Champions League
21:25
Zelensky announces that Ukraine will strike Russian refineries more intensely, in response to Moscow’s new air strategy
21:08
Rapper Ian urinated on the stage of the Arenele Romane during a concert
20:36
ANPC imposed fines of over 4.8 million lei following a nationwide wave of inspections
See more news
NEWS ON THE SAME TOPICS
Current Affairs
BNR, worrying forecast about the Romanian economy
Economy
EBRD estimates that Romania’s economy will shrink by 0.2% in 2026, before growing by 1.8% next year
International
The Russian Bank abandons maintaining the interest rate at 14.25% and revises down the economic growth forecasts.
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
