Möbius Sees Potential In Hungary
- 7 Jun 2013 9:00 AM
Hungary is the second most promising market In emerging Europe after Russia, chairman Mark Möbius of investment fund Templeton Emerging Markets said at a Warsaw conference yesterday.
With the average age and per capita GDP much lower in emerging Europe than in the West, these markets have greater growth potential, he argued.
Furthermore, emerging countries are curbing their debt, whereas western countries are amassing debt, Möbius added.
Source: Hungary Around the Clock
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