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Hungarian Ministers Meet with EBRD Vice President

Hungarian Finance Minister András Kármán and Transportation and Investment Minister Dávid Vitézy have met with Matteo Patrone, the Vice President for Banking at the European Bank for Reconstruction and Development (EBRD) on Wednesday, the ministers said on social media.

András Kármán said they discussed how the EBRD can contribute to restarting investments after the significant decline of the past four years, with a particular focus on financing Hungarian-owned SMEs, encouraging innovative and green investments, and strengthening competitiveness.

The Finance Minister added that they also discussed how the bank can contribute to the most efficient and effective use of EU funds available to Hungary. The TISZA government is committed to encouraging investments, predictable economic policy and constructive cooperation with international financial institutions, he highlighted.

Transportation and Investment Minister Dávid Vitézy wrote he discussed the options under which the EBRD can finance the launch of transport and housing investments in Hungary. The minister said they are working every day to obtain as many resources as possible so that Hungary can finally start developing again after years of stagnation.

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