There is a slowdown in global growth. The economies of a once highly globalized world are drifting apart. The EMU economy is being hit particularly hard. The recession is coming and, according to projections, the EMU will soon enter stagflation, the worst of economic states.

The Hungarian economy performed exceptionally well in 2022, despite the economic crisis caused by the war and the harmful sanctions imposed by Brussels.

Upon the advent of the new decade, it was expected that the 2020s would be challenging even without a major economic crisis or another high-impact, low-probability event after the COVID–19 pandemic.