N

Gulyás: Hungary and Germany's economic cooperation important in difficult times

Gergely Gulyás said the government sees the economic players of both countries as partners. German companies employ 300,000 workers in Hungary, mainly in industry, he said.

Gergely Gulyás, Head of the Prime Minister’s Office, said the economic cooperation between Hungary and Germany is fostering the country’s development “even in difficult times”.

Speaking at the annual assembly of the German-Hungarian Chamber of Industry and Commerce, Gulyás said the government sees the economic players of both countries as partners. German companies employ 300,000 workers in Hungary, mainly in industry, he said. The presence of their top companies in Hungary “proves that ties are particularly strong”, he said, adding that Hungary provides a “competitive and predictable economic environment” for their investments. Gulyás said “political attacks” could not weaken bilateral state ties, adding that Hungary, alongside its neighbouring countries, was “exceptionally important” for the German economy. Achim Weinstock, the chamber’s vice president, pledged his organisation’s full assistance to its business members for their successful operation as well as its cooperation with the Hungarian government. “There may be differences of opinion,” he said, adding that at the same time, negotiations could not be avoided.