July 2005
Emerging Europe Monitor: Central Europe & Baltic States;Jul2005, Vol. 12 Issue 7, p2
Country Report
Country Report
The article presents information related to political risk, economic risk and business environment in Hungary. The Socialists' re-election campaign is faltering prior to elections of 2006. According to a poll, the Socialists received 24% of support compared with 32% for their opponents. Although disinflationary progress was interrupted in April 2005, when 12-month consumer price inflation rose to 3.9% from 3.5% in May 2005, early evidence of wage moderation indicates a decline in inflationary pressures arising in Hungarian labor markets. Ratings agency Standard & Poor's Corp. has announced a downgrade of Hungary's long and short-term local currency ratings.


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