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• Watch: Is Hungary the Sick Man of Europe?

Watch: Is Hungary the Sick Man of Europe?

• 5 Dec 2024 6:06 AM

By all accounts, the Hungarian economy is not doing well, according to this video by TVP World - Poland's first English-language channel. 

The country just slid into a technical recession; the statistics office recorded the biggest slump in investment in 30 years; the Hungarian currency, the forint, is doing worse than its CEE peers; and the government's running a big deficit with access to some of the EU funds available to the country severed, the channel reports.

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