Hungary’s German Chamber Sees Increased Investor Confidence

  • 16 Apr 2014 4:00 AM
Hungary’s German Chamber Sees Increased Investor Confidence
Hungary’s economy is viewed more favourably both in terms of the economic situation and the business environment than in previous years, according to Dale Martin, head of the German-Hungarian Chamber of Industry and Commerce (DUIHK).

Referring to the chamber’s annual report based on a survey of 194 companies, 60% of which are German businesses, Martin said the chamber expected an economic growth of 2.2% in Hungary this year.

Economy Minister Mihály Varga noted that Hungary’s output had increased by 2.7% in the fourth quarter of last year, adding that the country was regaining its earlier position in the region.

Source www.hungarymatters.hu

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