Trade Up: Germany Remains One of Hungary’s Key Economic Partners

  • 1 Jun 2022 10:22 AM
  • Hungary Matters
Trade Up: Germany Remains One of Hungary’s Key Economic Partners
German businesses continue to see Hungary as a good investment destination, the finance minister said at an event of the German-Hungarian Chamber of Industry and Commerce (DUIHK).

Mihály Varga said that a record 88% of business leaders surveyed by the DUIHK say they would repeat their past investments in the country.

Hungarian-German economic ties are stable and crisis-resistant, Varga said, adding that Germany remains one of Hungary’s most important economic partners.

Trade turnover between the two countries was up 11.6% last year and up more than 12% in the first two months of 2022, he said.


MTI Photo: Tamás Kovács

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