Associates Breakfast with Hungarian Ambassador Ferenc Somogyi
February 21, 2008

Santa Monica

In the past two decades, Hungary has undergone remarkable political and economic growth and development. The first Central European nation to apply for EU membership and the first EU member to ratify the Lisbon Treaty in support of a proposed European Constitution, Hungary boasts strong manufacturing and service sectors, has emerged as a regional biotech leader and enjoys the highest per capita FDI rates in Central and Eastern Europe.

Ferenc Somogyi, Hungary′s ambassador to the United States, met with members of the Milken Institute Associates to discuss his country′s economic achievements, its role in the EU, and new challenges and opportunities in U.S.-Hungarian relations.

The ambassador, who holds a Ph.D. in world economics, began his diplomatic career in the late 1960s, attached to overseas embassies; he later served as Hungary′s permanent representative to the United Nations, as the Ministry of Foreign Affairs′ state secretary for Euro-Atlantic Integration and as Minister of Foreign Affairs. In the private sector, he most recently held the position of director for international affairs for Magyar Telekom, Hungary′s largest telecommunications company.

This event was open only to Milken Institute Associates. To learn more about the program or to join, please contact Mindy Silverstein, director of the Associates, at (310) 570-4634, or