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Budapest hopes Trump will save Hungary's choking economy – UNIAN
It is noted that Hungarian companies can benefit from peace in Ukraine and warming relations with Moscow.
Hungarian companies, unlike their counterparts in other European countries, are not afraid of Donald Trump's presidency. A new US president could breathe life into the stifling Hungarian economy and its stock market.
Bloomberg writes that if Trump manages to quickly end the war between Russia and Ukraine, then shares of Hungarian companies will rise significantly.
The war heightened geopolitical risks and led to lower stock prices across Eastern Europe. Unlike the vast majority of European companies, the largest companies on the Hungarian market, such as OTP Bank Nyrt, drug manufacturer Richter Gedeon Nyrt and oil group Mol Nyrt,…
