Hungary: An open-door policy toward investors
Having consistently outperformed average growth in the European Union (EU) by 2-3 per- cent for almost a decade, there are signs that the Hungarian economy could be one of the first in the bloc to bounce back from COVID-19.
In the third quarter of 2020, its gross domestic product (GDP) leapt up 11.4 percent, recovering much of the loss incurred in its locked-down second quarter and leading many to predict full economic recovery by the end of this year or mid- 2022 at the latest.
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