TITLE

Household Indebtedness To Rise

PUB. DATE
December 2007
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Dec2007, Vol. 14 Issue 12, p1
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article predicts Hungary's private sector indebtedness for 2007. It forecasts that the country's external debt pile to continue to expand, with total external debt to reach 64.3% of gross domestic product in 2007, up from 63.3% in 2006. While external debt is expected to remain pronounced going forward, it is not overly concerned about the implications of a higher external debt to GDP ratio on the economy.
ACCESSION #
27465513

 

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