Hungarian fiscal efforts do not go far enough

The Hungarian government last night announced a fresh set of fiscal austerity measures, which should allow it to at least come close to meeting next year’s budget deficit target of 3% of GDP. But its efforts remain reliant on temporary measures and a failure to tackle contingent risks elsewhere in the public sector means that the country is still walking a fiscal tightrope.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.