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FINANCE MINISTER PUTS Q2 GDP GROWTH AT 12-14%

 

Hungary’s economy could grow by around 12-14% in the second quarter, Finance Minister Mihály Varga said at an annual meeting of the Joint Venture Association. Varga noted that Hungary’s GDP rose by 1.9% quarter-on-quarter in the first quarter, compared to an average decline of 0.4% for the European Union as a whole and a 0.6% drop for the euro zone. Hungary’s government targets full-year GDP growth of 4.3% for 2021.