February 26th, 2010

Hungarians most pessimistic about own finances in region, survey reveals

Hungarians are the most pessimistic in central Europe about the current state of their personal financial affairs and regarding the country’s economic situation next year, according to a recent survey Tarki released to MTI on Thursday.

Among respondents Tarki asked in the Czech Republic, Poland, Slovakia and Hungary two to three times more Hungarians described their financial situation as poor than respondents in the other three countries, the survey showed.

In Hungary only five in ten respondents said their finances to be fair or good, compared with their counterparts in the other three countries, who saw their own financial situation in a more optimistic way.

Regarding prospects for next year, four in ten Hungarians saw 2011 as gloomy, bringing a further deterioration in their individual finances, whereas the majority of Poles, Czechs and Slovaks expected their own financial situation to remain unchanged.

Hungarians are the most pessimistic concerning the future state of their country’s economy with 38 percent expecting it to further deteriorate. Poles were the most optimistic with only 18 percent expecting a decline.

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