Hungary 19th in NBH's EU competitiveness ranking

Hungary has placed 19th in the National Bank of Hungary's ranking of European Union countries by their level of competitiveness, Gergely Baksay, the central bank's director, told a press conference on Tuesday, presenting the NBH's latest competitiveness report. Hungary's score of 47.4 points on a scale of 0-100 is slightly higher than the average score of the other three Visegrad Group countries (46.7) but falls short of the EU average by 4.5 points, Baksay said.