Germany and Hungary are both member states of the European Union, NATO, OECD, OSCE, Council of Europe and the World Trade Organization. Germany has an embassy in Budapest. Hungary has an embassy in Berlin, two general consulates and nine honorary consulates. The Agreement between the Federal Republic of Germany and the Republic of Hungary on 'Friendly Cooperation and Partnership in Europe' concluded on 6 February 1992 is one of the principal cornerstones of today's bilateral relations.

Andrássy University Budapest (AUB) is a private university in Budapest, the capital of Hungary. Andrássy University Budapest was founded in 2001 and is the only completely German-language university outside the German-speaking countries. As a European university in Hungary, it is supported by five partner states and also by Switzerland and the autonomous region of Trentino-South Tyrol.