Hungary Slips To 69th Place In Global Competitiveness Ranking
- 29 Sep 2016 9:00 AM
Hungary dropped to 69th place from 63rd in a new competitiveness ranking of 138 countries compiled by the World Economic Forum. Doing business in Hungary was hampered by “policy instability”, “corruption”, “tax regulations” and an “inadequately educated workforce”, the WEF said. Hungary’s overall index fell to 4.20 points on a scale of 1-7 from 4.25 a year earlier.
Top-scoring Switzerland had 5.81 points. The Czech Republic was ranked 31st, Poland 36th, Romania 62nd and Slovakia 65th.
Republished with permission of Hungary Matters, MTI’s daily newsletter.
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