The high-tech Chinese investment is the largest of its kind in Hungary's historyContinue reading
Igor Matovic thinks his liberal coalition partners should focus on the economy instead of trying to oust him from the government.
Slovakian Finance Minister and former prime minister Igor Matovic has caused some stir with a since deleted Facebook post, in which he brings up the successes of the Hungarian economy, contrasting it with Slovakia’s relatively modest results. In a post clearly designed to provoke his government party, OLANO’s all so reluctant coalition partners Matovic writes:
“I would like to congratulate to the Hungarian foreign minister for working, and not being on strike. That’s how it’s done, dammit! Mega-investment 5 times bigger than Volvo.
Hungarians are going like rockets and we look like poor relatives next to them”.
The Slovak finance minister was referring to the largest industrial investment in Hungary’s history announced this week, in which the Chinese company CATL will build a 7.4 Bn electric car battery plant near the eastern Hungarian town of Debrecen.
Matovic is accusing the leader of the liberal SaS party Richard Sulík of focusing on personal attacks against him instead of directing their efforts towards improving the performance of Slovakia’s economy. The Chinese owned car manufacturer Volvo’s has recently announced a new factory near the Southern Slovakian town of Košice, the investment worth 1.2 billion euros, that will create jobs for 3,300 people.
Featured Photo: Facebook Igor Matovic