TITLE

Recession Looms Large

PUB. DATE
January 2009
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Jan2009, Vol. 16 Issue 1, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article predicts an economic recession in Hungary in 2009. It notes a revision to the Business Monitor Inc. (BMI) gross domestic product (GDP) growth forecast to -0.8%. Restrictive monetary and fiscal policy will reportedly contribute to weak consumption and export growth. According to the article, a positive annual GDP growth will not likely happen before 2010.
ACCESSION #
35546950

 

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