Hungary's FDI up by 40% y/y in 2010 - report.

By bne IntelliNews March 22, 2011
Hungary attracted a net total of EUR 2.1bn in foreign direct investment in 2010, which is an increase by 40% y/y, but is still below the pre-crisis levels, Hungary AM reported, quoting estimates of daily Vilaggazdasag. The net capital outflow amounted to EUR 860mn, halving from the previous year's value of EUR 1.7bn. The current account recorded a surplus of EUR 1.8bn, which could be attributed to favourable developments in external trade. Official information on the Balance of payments and FDI in Hungary in 2010 will be released by the national statistics office on March 31.

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