Analysts: Post-pandemic growth could boost Hungary development

Hungary could approach the level of development in western Europe by 2030 if GDP growth returns to an annual 4 percent after the coronavirus crisis, the Hungarian office of US consultancy firm McKinsey has said. Office head Levente Janoskuti told an online press conference that Hungary's early preparation to the post-pandemic period was key to the country's convergence to western Europe in the coming period. The most important factors in that process are investment support, cutting-edge technology, a well-trained workforce and the regulatory environment, Janoskuti said.