Hungary's Central Bank Governor: The global economic rise engine has shifted east.

Jin10 data, August 25th, local time on the 25th, Hungarian Central Bank Governor Mihály Varga stated at the opening ceremony of the 2025 Asian Financial Cooperation Association (AFCA) Financial Summit Forum held in Budapest that at the turn of the century, Asia accounted for 26% of the world’s GDP, and by 2024 this proportion is expected to rise to 46%, while Europe’s share during the same period is expected to decline from 30% to 21%. Currently, Asia accounts for half of global exports and investments, and the future growth engine has shifted eastward. Hungary hopes to become an important promoter of economic and financial cooperation between the East and West, serving as the economic gateway from Europe to Asia.

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GateUser-6c1ab249vip
· 08-25 12:59
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