The President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti paid a visit to Budapest where he discussed with Minister for National Economy Mihály Varga several ussies on the agenda between the bank and Hungary.
The visit was aimed at bolstering relations between the Bank and Hungary as well as discussing the key elements of Hungary’s country strategy which is to be formulated during the year 2014. The document will identify the potential fields of future cooperation between the EBRD and Hungary.
In the next three years, Hungary expects to rely on the expertise of EBRD with regard to supporting the SME sector, facilitating the regional expansion of Hungarian medium-sized enterprises as well as cooperating with domestic financial institutions. In addition, the Bank intends to continue the successful partnership in the fields of energy and public transport.
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