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Country data

Population:
10.1 million
Area:
93,000 sq km
Capital:
Budapest
Currency:
Forint

Key developments and challenges

In the third quarter of 2009 the absence of inflationary risks and the relatively benign investor sentiment appeared to open the way for further reductions in interest rates by the NBH. 

Growth will remain subdued, reflecting the slow pace of recovery in the eurozone and the likelihood of a further retrenchment in credit to the private sector.

More developments and challenges

Our work in Hungary

In Hungary we focus support on financial institutions and public-private partnership financing of infrastructure projects

Hungary

Key facts about the EBRD's work in Hungary

No. of projects

164

Net business volume

€2,638.9 million

Total project value

€9,900.9 million

Gross disbursements

€2,057.3 million

Portfolio in private sector

98%

 

View factsheet

EBRD projects 2000-09

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Sector breakdown of current projects

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Our strategy in Hungary

The Bank will support the involvement of the private sector in the provision of public services. And it will promote investments in the diversification of energy supply, in energy efficiency and renewable energy to enhance energy security, reduce energy intensity and meet environmental targets.

Read strategy

CONTACTS

Rakoczi ut 42
1072 Budapest
Hungary
Tel: +36 1 486 3020
Fax: +36 1 486 3030