The economic success of Central Europe in danger

The very basis of Central Europe’s economic success is at stake if peace is not quickly achieved in Ukraine, warns the Hungarian Prime Minister’s political director.

China and the United States could gain something by prolonging the war in Ukraine, but Europe certainly has nothing to gain, Balázs Orbán, political director of the Prime Minister said at the conservative Ladislav Hanus society summit in Bratislava on Monday.

According to Balázs Orbán, a prolonged war will lead to economic decline, inflation, energy crisis and unemployment in Central Europe. “The fundamentals of Central Europe’s economic success will disappear,” he warned, adding that without their economic success, these countries would not be taken seriously and the region would become an unimportant periphery.

“The prospect for Central Europe is that in ten years we will catch up with the West and leave Southern Europe behind, and this prospect is threatened by the current situation.”

Balázs Orbán noted that Hungary’s position is that a ceasefire and peace must be reached as soon as possible. He added that some governments might consider different factors, but ultimately it is a strategic necessity that will bring together the Visegrád countries – Poland, Hungary, Slovakia and the Czech Republic -. “Countries in the region must be able to defend themselves against the military conflict in the east, and the four countries must further strengthen their military capabilities to do so,” he noted.

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Photo selected via Facebook/Orbán Balázs