Hungary’s competitiveness deteriorates, slips by 2 places
Hungary in 2023 slipped by two places in the competitiveness rankings of the EU’s 27 countries, to 19th place, the central bank (NBH) has said in a report.
Hungary’s competitiveness slips
This places Hungary a tad below the average of the Visegrad Group countries, and more so compared with the five northern member states with the most sustainable growth trajectories, Zsolt Kuti, the bank’s executive director responsible for monetary policy, financial analyses and statistics, told an online press conference on Thursday, commenting on the NBH 2023 Competitiveness Report.
In nine of 14 areas covered by the report, such as the quality of education and health care as well as digitalisation, Hungary’s performance slid, he noted.
Read also:
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
What happened today in Hungary? – 11 May, 2024
Hungarian rolling stock production to be revived with Chinese help
Budapest among the top 10 European destinations for art lovers
Trouble with a Wizz Air flight? Call this ‘secret’ phone number for pennies!
PM Orbán: EU elections in June decisive in Europe’s history
Hungary will connect Austria and the Balkans with Chinese help and Europe’s top border crossing