Hungarian FM calls for support to job-creating projects by international firms

Hungary will stay on an economic growth path if it continues to provide support to job-creating projects by large international companies in the country, Foreign Minister Péter Szijjártó said on Facebook on Friday.

Szijjártó noted that Europe was facing serious economic recession and insisted that Hungary could be a “local exception” if it maintains the practice of promoting such projects. Szijjártó made a special mention of South Korean electric car producers with battery plants in Hungary, and said they were the third largest investment group in the country.

At a meeting with South Korean business leaders, Szijjártó said the Hungarian government was firm in its commitment to “retain fundamental economic and social policy goals”.