Business Association Head: Investor Confidence In Hungary Could Still Improve
- 11 Sep 2014 9:00 AM
Hungary’s economy is showing a number of promising signs, but investor confidence is still in need of improvement, the head of the Joint Venture Association said at a group function on Wednesday. Chris Mattheisen, who is also CEO of Magyar Telekom, said the unfavourable effects of Hungary’s external debt should be reduced in the interest of sustainable growth.
The environment for investment should also be made more attractive, he added.
Hungary’s strong economic data, such as growing GDP, employment and consumption, as well as falling inflation, have been supported by government measures, but it remains to be seen whether these positive trends will last, whether they can become organic, he said
Source www.hungarymatters.hu
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