Hungarian finance minister: Hungary among world’s most open economies

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Fifteen years ago Hungary ditched its one-sided and reclusive economic policy and put Hungarian interests to the fore by opening up to the East, the finance minister said in a panel discussion at the Tashkent International Investment Forum on Friday.
Hungary today is among the world’s most open economies, its export performance is outstanding for its size, and it enjoys a high investment rate and a competitive tax system, Mihály Varga said at a panel discussion attended by representatives of the United Arab Emirates, Oman, OPEC, and Uzbekistan.
But the crises of the past four years have shown that when the crisis is global, there is no external help to rely on, he said. So the most important strategic goal is to build a resilient economy, the finance minister added.






Just finished reading the article below before catching Varga’s claims originating from an alternate universe.
https://www.bloomberg.com/news/newsletters/2024-05-03/german-investors-sour-on-orban-s-hungary?srnd=economics-v2