TITLE

No C/A Deficit Until 2013

PUB. DATE
December 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Dec2011, Vol. 18 Issue 12, p6
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports that Hungary's current account balance has recorded a surplus in 2011. It states that the surplus is expected to remain until 2013 due to Hungary's strong economic recovery. It further states although the surplus is more than expected, but the country's exports are expected to come under pressure due to slow economic recovery of countries in the euro zone. It also says that external debts will keep the government's income account in deficit.
ACCESSION #
67635659

 

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