Riding the wave of FDI

Muddling through deficit troubles

Muddling through deficit troubles

Buoyed up by its successful accession to the European Union, Hungary is emerging as a regional leader and riding a wave of foreign direct investment that surged last year to an estimated €3.5 billion.

Dubbed “the Ireland of eastern Europe” by its fans because of its impressive growth rate, Hungary absorbed foreign direct investment of €2.3 billion over the first three quarters of last year, up by more than a half billion euros on the same period a year previously.

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