The Szeged factory plans announced just before Christmas by Chinese electric automaker Build Your Dream include an ambitious timeline for production to start, as well as proposals for the long-term economic benefits for Hungary and the infrastructural development planned around the factory’s location.
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The government majority has passed the country’s annual budget amidst widespread criticism from the political opposition and numerous doubts voiced by market analysts. The plans predict that 2024 will see a significant rebound from the depths of the current year; however, concerns abound that structural issues dragging over from 2023 will weigh heavily, and the government appears to have made its calculations through rose-tinted glasses, according to its critics.