Overview
- Johann Wadephul traveled to Budapest on Monday to hold talks with President András Baka, Foreign Minister Anita Orbán and Economics Minister István Kapitány.
- A joint press conference with Hungary's foreign minister is scheduled and Wadephul brought a delegation of German business representatives to discuss trade and investment steps.
- Wadephul said the political change in Hungary creates a chance to rebuild trust and to restore legal certainty that attracts investors.
- German firms already account for about 250,000 jobs in Hungary, so the talks focus on concrete rules and guarantees that would affect employment and future investment decisions.
- The visit signals an initial diplomatic reset after Péter Magyar replaced Viktor Orbán in May and European concerns about democratic backsliding will hinge on whether Hungary implements the promised rule‑of‑law reforms.