European Capital of Culture Program Set to Boost Economy - Navracsics
Veszprém
Photo by Geza Kurka Photo Video / Shutterstock.com
Organizers aim to use the Veszprém-Balaton 2023 European Capital of Culture program to support economic growth for the entire region, Regional Development Minister Tibor Navracsics said at a tourism industry event in the capital on Wednesday, according to a report by state news wire MTI.
At the 30th Tourism Gala Year Opener, organized by Turizmus Kft, Navracsics said the cultural and tourism urban development strategy involving Veszprém and the region could be a "catalyst for growth in leaps and bounds". The program serves to strengthen the identity of local communities, making tourism, image management, city rehabilitation, as well as industry and job creation priorities, he added.
Similar programs have boosted tourism 20%-30%, while lifting regional GDP 3%-5% and feeding into national GDP in the following years, he said.
Around 3,000 events have been organized in the framework of the Veszprem-Balaton 2023 European Capital of Culture program.
The European Union designates European Capitals of Culture each year to highlight the diversity of cultures in Europe and celebrate the cultural features Europeans share. The other cities sharing the designation in 2023 are Elefsina, Greece, and Timisoara, in Romania.
The city of Pécs (169 km southwest of Budapest) was a European Capital of Culture in 2010.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
