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Hungary's minister of economy takes tentative steps towards economic stability

Hungary has enjoyed stronger economic growth than many of its European neighbours in recent years, but the country's minister of economy Mihály Varga is wary of taking this success for granted, insisting that the country's long-term outlook hinges on a number of external factors, from the recovery of the eurozone to a resolution of the conflict between Russia and Ukraine.
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Hungary's minister of economy takes tentative steps towards economic stability

Q. What are the short- and long-term prospects for the Hungarian economy?

A. Many people tend to forget that it was Hungary that was first to ask the International Monetary Fund and the European Commission for foreign aid to avoid bankruptcy in 2008. And, while Greece is still trying to find its way out of the problem, Hungary has practically repaid its debts to these international organisations. 

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