The war could obviously have serious economic consequences, as the reorganization of world political alliances takes place, which also means a breakdown in the status quo of the world economy, he said. Péter Szijjártó, Minister of Foreign Affairs and Trade, who pointed out that it used to be years without decay, this is the second time in two years that will have to prepare for a new world economic era. According to the head of the ministry, all efforts should be made to contribute to the establishment of peace in the neighborhood, but it will be time to talk about what programs and subsidies will be needed to make the Hungarian economy the strongest in the new world economy. belong to.
László Parragh, President of the Hungarian Chamber of Commerce and Industry MKIK considers it its task to cooperate with the Ministry of Foreign Affairs and to take part in the rescue infrastructure, the bitter people, the mass of refugees will continue to be “here”. As a neighboring country, dealing with this will be a long-term and difficult challenge for us, and all the knowledge will be needed in this MKIK. He made it clear that the chamber was ready to contribute to this work with the State Department.
For the time being, it is being mapped out where and what damage has occurred and will occur, especially due to sanctions.
They need to look at their various banks, their financial services, the country’s exports, the impact that imports have on firms, the expected difficulties these firms have, and the wealth of assets that businesses, even directly, can lose in the markets.
If they are beyond that, according to László Parragh, then an action plan will have to be drawn up on how they will be able to get out of this extremely bad situation with as little damage as possible. Due to the Ukrainian-Russian conflict, a large number of companies are directly affected, as they operate regularly in these markets.
Cover image source: MTI / Zoltán Máthé
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