In the EU development period 2007-2013, a massive amount of funding was utilized in the domestic economy within the framework of the EU’s cohesion policy, which – due to its significant weight in comparison to the entire national economy -- has had a major impact on the development of Hungary’s economy and enterprises. The following presentation of various effects is based on the conclusions of Hétfa Research Institute and those of a related study1. The impacts assessed by the paper are positive as a whole: direct demand-side effects in the macro-economy temporarily boosted economic growth, while supply-side effects led to the medium-term improvement of the return on investments and the long-term increase of production efficiency across the entire economy.

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(Ministry for National Economy)