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Current Account Surplus Masking Risks

Lower oil prices and an accelerating eurozone recovery will drive Hungary's current account surplus higher, reaching 4.7% of GDP in 2015 before narrowing in the years beyond. The pace of external...

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Permanent Lay-offs Fuelling Labour Unrest

Costly labour conflicts will only intensify over 2015 as falling vehicle demand pushes automakers to resort to more permanent worker lay-offs as opposed to the current furloughs and temporary lay-...

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