Threat To Convergence

March 2006
Emerging Europe Monitor: Central Europe & Baltic States;Mar2006, Vol. 13 Issue 3, p1
Country Report
Country Report
Presents macroeconomic prospects on the efforts of Hungary to curb its budget deficit and the fulfillment of the convergence criteria, a prerequisite to the targeted 2010 eurozone entry. Forecasted budget deficit reduction from 2006 to 2010; Longer-term downside risks of gradual convergence by the end of 2010, including increased military spending; Projected Hungarian annual inflation and expected slowdown in Hungarian growth.


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