GDP Could Shrink By 5%, Says Hungarian Finance Minister
- 27 Jul 2020 9:38 AM
The economy picked up slightly in June, but GDP may still decline by 10% year-on-year in the second quarter and shrink by 5% in the second half of the year, exceeding the previously expected, now optimistic 3% forecast, Minister of Finance Mihály Varga told Kossuth Rádió last week.
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