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Emerging Europe Economics Update

Emerging Europe Economics Update

Solid Q3 for Russia, while Hungary teeters on the brink

Data released today show that the Russian economy grew by a fraction under 5% y/y in the third quarter of this year, but leading indicators are already pointing to a slowdown in Q4. Meanwhile, the noose is tightening in Hungary following another failed debt auction and threats of a sovereign downgrade.

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This article is tagged with the following subjects: Emerging Europe, Growth, Hungary, Macro-economics, Russia
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