Published: March 23 2023
Summary: Hungarian Minister of Foreign Affairs and Trade, Navracsics Tibor, has said that it would have an impact on the whole country if Budapest were to lose its edge in the economic competition for Central and Eastern Europe relative to other neighboring capitals. Speaking in Komárom-Esztergom, he added that the counties beside the Hungarian capital have made significant progress in recent years, and there is a chance that they could develop an independent economic profile, citing their industrial parks as relevant examples. He also stressed that Budapest performs well above the average of the EU, but it needs significant support to stay ahead of the neighboring capitals.
Key points:
- Hungarian Minister of Foreign Affairs and Trade, Navracsics Tibor, has said it would have an impact on the whole country if Budapest were to lose its edge in the economic competition for Central and Eastern Europe.
- Tibor added that the counties beside the Hungarian capital have made significant progress in recent years.
- There is a chance that the aforementioned Hungarian counties could develop an independent economic profile solely different from Budapest.
- Tibor cited industrial parks in other counties like Komárom-Esztergom, which continue to make significant contributions to the country’s economy.
- He also stressed that Budapest performs well above the average of the EU, but it needs significant support to stay ahead of the neighboring capitals.
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This summary was created using AI, so there may be some inaccuracies. Always check the original linked article to be sure.