Szijjártó: Merkel’s visit shows Germany’s appreciation

Int’l Relations

Hungary’s Foreign Minister Péter Szijjártó said that the upcoming visit of Germany’s Chancellor Angela Merkel is a sign of Germany’s appreciation towards the importance of the bilateral cooperation of the two countries, Hungarian news service MTI reported.

Szijjártó said that Germany is Hungary’s most important European ally, adding that the industries of the two countries have “practically grown together”. Szijjártó added that the cooperation between Germany and Central Europe is “crucial for the competitiveness” of Europe as a whole.

According to the minister, the cooperation between the two countries is “not burdened with any open or difficult issue which could not be resolved very quickly”. He noted that more than 6,000 German companies are active in Hungary, employing approximately 300,000 local residents, and added that Hungary’s exports to Germany exceeded a record €21 bln in November.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.