Hungary Falls Below Bulgaria's Economic Level as Treasury Empties, Analyst Says
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Hungary has fallen below Bulgaria's economic level while facing an empty treasury, according to economic analysis highlighting the country's deteriorating financial situation. The decline has been attributed to a pattern of awarding government contracts to oligarchs, which analysts describe as a pathway to economic deterioration. The assessment underscores concerns about Hungary's economic management under Prime Minister Viktor Orbán's government, as the country grapples with significant fiscal challenges that have pushed it below regional neighbors in economic rankings.