Driving Economic Progress in Central Europe
Hungary, a vibrant gem nestled in the heart of Europe, is increasingly recognized for its economic resilience as well as growth potential, and not only its rich cultural heritage and strategic position. With an economy expected to rise from 0.6% in 2024 to 3.1% by 2026, the nation is strategically positioned to strengthen its economic landscape. Tourism plays a pivotal role in Hungary’s success, contributing approximately $6 billion to the economy in 2024, with Budapest attracting millions of international visitors annually. Meanwhile, agriculture continues to be a cornerstone of the economy, accounting for 5.4% of the country’s gross value added—significantly surpassing the EU average.
The strong partnership between the United States and Hungary, forged through NATO membership and shared democratic values, is set to deepen under the Trump administration. Both countries are actively exploring new avenues for trade and investment, with a focus on expanding economic cooperation in sectors like energy, agriculture, and technology. As Hungary diversifies its economy, the growing U.S.-Hungary relationship will be vital to its continued prosperity and development, paving the way for a more dynamic future.
Interviews
Interview with Katalin Bucsy, CEO, Norma Industries
"Norma is an international company, present in over 80 countries, mainly through local distributor partnerships. We focus on delivering high-quality, reliable and affordable diagnostic solutions. A key strength is our fast, flexible technical and cli
04 June, 2025
Interview with Dr. Zoltán Szilvássy, Rector, Debrecen University
"The University of Debrecen has followed the same core strategy for 500 years: strong cooperation with the city, religious institutions, financial players and industry. This ‘quadruple helix’ model, linking academia, government, industry and society,
30 May, 2025
