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Hungarian Policymakers Concede 2.4% Growth Target Out of Reach

Summary by intellinews.com
Hungarian policymakers have conceded that the economy stagnated in Q2 and that full-year growth, even in the base case scenario, could only reach 1%, in line with market consensus.

7 Articles

The business confidence index recalls the darkest period of the coronavirus pandemic, and the public confidence indicator cannot improve either.

·Hungary
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So, what are they going to blame for this? Ukraine? Germany? Come on: now the drought is the main culprit.

Investors did not have a good day on Tuesday on the Budapest Stock Exchange: the BUX index closed down 1.01%, at 100,310.98 points, a drop of more than 1,000 points in one day.

Not only OTP shares, but also shares of Mol, Telekom and Richter suffered losses by the end of the day. The Budapest Stock Exchange (BSE) stock index, BUX, fell by 1,028.22 points, or 1.01 percent ... ...

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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
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Portfolio.hu broke the news in on Tuesday, July 22, 2025.
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