The prospects of future EU membership keep fund managers attention firmly focused on Turkey, Hungary...
The prospects of future EU membership keep fund managers attention firmly focused on Turkey, Hungary and Poland. As ever with emerging markets the future is not without its problems. The threat to economic reforms from Turkey's continuing political instability and Poland's current account deficit and limited ability to tap into European growth are considered negatives. Consensus among emerging markets analysts is that projections for healthy European growth will drive GDP growth of around 5% in Hungary, and 4% in Turkey and Poland. Yet Hungary's stable political climate, healthy macro-econ...
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