Chinese banks mull regional centres in Budapest
Wamsler completes EUR 1 bn investment project
Impact of MÁP+ will not be felt until next year.
In the first half of 2019.
High investments, lower debt given as main reasons
Households still have too much cash, FinMin state secretary says.
Growth was driven by the construction industry once again.
Germany fell off Chinese maps in 2019.
Demand for the Hungarian Government Security Plus (MÁP+)is tapering off.
The new MÁP+ absorbed investments from other securities.
Companies based in Bavaria have invested EUR 8 bn in Hungary so far.
Project has been dragging out for eight years now.
The MÁP+ broke all previous records in its first week.
Foreign Minister praises relation with Germany.
The exact details remain unknown at present.
The new PMÁP series will also be exempt form interest tax.