The big investors do not believe the statements of the Hungarian government anymore: they openly dispute the official forecasts of the Ministry of Finance. More and more critical reports are published abroad abot the catastrophic Hungarian economy, and János Veres, Minister of Finance has initiated a conference with banks financing the Hungarian state debt. According to leading investment houses, Reuters reported yesterday, the growth of the Hungarian economy is slower and slower and the government is unable to hold its grip on the budget. According to JP Morgan the financial prognosis of the Ministry is mistaken, and the deficit target planned for this year might be achieved in August while in December the deficit can be 5,4 pc. Similar opinions have been published by Dresdner Kleinwort Wasserstein, the investment department oif the Allianz group. The report says the process is unfavourable in spite of the drastic measures of restriction. According to the new regulations the ministries may not spend more than 35 pc of their budget planned for the first half of the year.
Translated by Peter Szentmihalyi Szabo
origo.hu
Újabb árrésstop jön, mutatjuk, mely termékek leszek jóval olcsóbbak
