Ecofin
“Europe is increasingly falling behind in global competition in terms of capital markets and efficiency,” said Finance Minister Mihály Varga on Tuesday at the meeting of the Council of Finance Ministers (Ecofin) of the EU member states in Brussels.
Hungary’s aim is to support Europe as a continent and the EU as a community in improving their competitiveness by promoting, among other things, development, research, investment in infrastructure, the green transformation and the digital transformation.
He also called the future of cohesion policy a priority. In his opinion, cohesion policy must be maintained in some form, as there are still significant economic differences between member states. Hungary has not received a single euro cent from the Corona reconstruction fund. Varga also pointed out once more that Hungary has so far spent around 700 billion forints on protecting its southern border, i.e. also on protecting the Schengen border. Since there is no country in the whole of Europe that is not affected in some way by the migration problem, the issue of illegal migration is also a priority for the Hungarian Presidency. “We hope that we will succeed in convincing the EU Commission not to use penalties or sanctions once morest countries that are looking for solutions to the problem, but to work with them to find solutions to contain the migration problem.”
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