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Finance Minister Says Economy's 2003 Prospects are Good.

Europe Intelligence Wire

| January 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, January 1 (MTI) - The Hungarian economy had a mixed year in 2002, Minister of Finance Csaba Laszlo told MTI. Prospects for 2003 are good, he added, though unfavourable global trends could put them at risk.

The Hungarian economy is strong and competitive. Hopefully, it will be possible to reverse several unfavourable trends in economic policy that began a year-and-a-half to two years ago, and to shift to a sustainable growth track, said the minister. Global conditions were significantly worse than expected, Laszlo added, ...

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