On the sidelines of the conference, organised by the Hungarian Venture Capital Association, Roubini told reporters that Hungary had been able to reduce the vulnerability of its economy in a number of areas and that also showed signs of economic growth, but added that the government had a “mixed” approach to foreign owners and suggested that its commitment to foreign investment was questionable. 
 
The markets have a feeling that the Hungarian government would like to re-nationalise sectors that were privatised earlier, such as public utility or energy providers, as well as to take over some banks, Roubini said. 
 
Among risks around the Hungarian economy, the economist mentioned the high public debt, the high ratio of foreign lenders and that of bad debts in the banking sector.
 
 In general, Roubini said that Central and Eastern Europe’s economic foundations were better than at the outbreak of the global crisis, and perspectives for the region were positive.

Source www.hungarymatters.hu 
 
Follow that link to sign-up for MTI’s twice-daily newsletter.