Tobacco Factory #14: The budget for next year starts with a handicap, and we still don't know what will happen.
Last Friday, two significant events occurred in Hungary's economy: the release of GDP data for the third quarter and the submission of the budget bill by the Ministry of Finance. The GDP figures disappointed analysts, reflecting challenges in the agricultural sector and overall economic stagnation. Despite these setbacks, there are expectations for a rebound in the next quarter. The proposed budget for the upcoming year, which is entirely under the Tisza government, has both strengths and weaknesses, raising questions about its sustainability. Discussions also touched on the path to adopting the euro and the recent performance of the forint.