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Dear Members and Friends,<\/span><\/p>\n We would like to invite you to:<\/span><\/p>\n Hungary\u2019s economic outlook in the energy crisis and beyond – a morning seminar with Raiffeisen Bank\u00a0about economic challenges we are facing regionally and in Hungary<\/strong>
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Date:<\/strong> 9 November 2022 – 9:30<\/span>
Venue<\/strong>:\u00a0Raiffeisen Bank Offices, 1133 Budapest, V\u00e1ci \u00fat 116-118.<\/span>
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Guest Speaker: Zolt\u00e1n T\u00f6r\u00f6k<\/strong>
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The Hungarian economy has a high energy dependency ratio and it is reliant on Russian gas and oil shipment. Europe is hit by an unexperienced energy crisis. Current energy prices are around 10 times above vs. their historical average. The HUF is trading at all time highs against the EUR and the USD. MNB key rate has reached 13%.<\/em><\/p>\n