Yes, most definitely. Right now, Germany has too many things going on at the same time to dominate and project power as fully as Kaiser Wilhelm might like- this will save Sorel's bacon despite German opposition to him...
At the very least, though, he'll have to respond to the unrest in the Habsburg Empire. And while there are pro-Magyar elements in Germany, they'll probably be shutting up in the face of general German ethno-nationalist anger at the Rape of Vienna, and not just Willy but every last one of his royal vassals would be going up in flames over the murder of Emperor Karl.
That's before we factor in Germany's geopolitical goals too, the Habsburg Empire not only securing Germany's flank but also eases the requirements to finally begin work on their long-dreamed Berlin-Baghdad Railway.