Hungary

Hungarian companies have become more optimistic about the business environment after their concerns eased over growth obstacles including energy costs, according to a European Investment Bank (EIB) Group survey.  Firms in Hungary see fewer barriers to investments than the European Union  average even as it’s too soon to predict an overall domestic rebound, new country results from the EIB Group Investment Survey (EIBIS) show.

The European Investment Bank (EIB) Group’s new financing in Hungary last year amounted to €314 million, supporting projects to improve rail services, meet electricity demands from major local manufacturers and support small and medium enterprises (SME).  This includes financing from both members of the EIB Group – the EIB and the European Investment Fund (EIF).

Hungarian respondents recognise the need to adapt their lifestyle due to the effects of climate change, according to the annual Climate Survey commissioned by the European Investment Bank (EIB). Many believe that investing in adaptation now will prevent higher costs in the future.