The 3.6 percent economic growth recorded in 2014 proves that Hungary’s economic performance has been stable. This was one of the achievements that prompted Standard&Poor’s to revise upward by one notch the country’s credit rating. The predictable economic environment had also made it possible for the National Bank of Hungary (MNB) to further reduce the base rate, after which the forint exchange rate saw strong appreciation.

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(Ministry for National Economy)