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Hungary: Fitch, election ensures economic policy continuity
It will support strong growth, risk of macroeconomic imbalances
09 April, 20:07
(ANSA) - BELGRADE, 09 APR - The victory of the ruling Fidesz
coalition at the elections in Hungary "will ensure economic
policy continuity" and therefore "will support strong growth
this year", Fitch Ratings said today.
In a statement, Fitch Ratings added however that there are "risks that macroeconomic imbalances" could "emerge." Fitch Ratings said it expects a 4% growth in Hungary this year. The rating agency expects also that Hungary will "keep the general government headline deficit below the EU criterion of 3% of GDP" and it forecasted the public debt to fall to 70% of GDP in 2018.
(ANSA).
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In a statement, Fitch Ratings added however that there are "risks that macroeconomic imbalances" could "emerge." Fitch Ratings said it expects a 4% growth in Hungary this year. The rating agency expects also that Hungary will "keep the general government headline deficit below the EU criterion of 3% of GDP" and it forecasted the public debt to fall to 70% of GDP in 2018.
(ANSA).
