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MANY LOSERS AND FEW WINNERS

A LOOK BACK AT THE MAIN DEVELOPMENTS OF THE YEAR 2022

Austria

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Austria is Hungary's second most important trading partner in terms of trade volume and the third largest investor in Hungary. As the Austrian Ambassador to Hungary, Alexander Grubmayr highlights to Diplomacy&Trade, bilateral political relations mainly focus on European and cross-border cooperation. He also talks about neutrality as a fundamental element in Austria's foreign policy ever since it was declared in 1955.

see articles on pages 10-21

Ricse – Hollywood – Ricse

Those familiar with the world of movies are aware that Paramount Pictures is one of the ‘Big Six’ studios in US filmmaking. However, what most people don’t know is that Paramount Pictures, one of the world’s first film studios, would not exist today without the revolutionary ideas of its Hungarian founder, Adolph Zukor who was born in Ricse in northeast Hungary 150 years ago. see article on page 24

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