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Sep 05, 2018

US ambassador: Hungary’s workforce is “exceptional” and “highly intelligent”

Ambassador Cornstein also highlighted Hungary’s low corporate tax rate and the government’s measures to encourage business activity

The US ambassador to Hungary has described Hungary’s workforce as “exceptional” and “highly intelligent”.

David B. Cornstein made the remark during a business forum organized by the American Chamber of Commerce in Hungary (AmCham). Ambassador Cornstein also highlighted Hungary’s low corporate tax rate and the government’s measures to encourage business activity.

The ambassador said it was “terrible” that Hungary receives 80 percent of its energy supply from a single other country. The ambassador said he believed the Hungarian government shares this sentiment, adding that they were working to have the US supply 40 percent of the country’s energy needs. On the same topic, the ambassador called Russia a “disruptive” nation.

The ambassador also touched on the situation of Budapest’s Central European University and called it an emotional affair. He said it would be unfortunate if CEU moved to Vienna, adding, at the same time, that he believed a solution to the problem was near.