17
Sep
2024
Watch
The future of European competitiveness (debate)
Madam President, I'm sorry. I agree with President Draghi's diagnosis, we are lagging behind. Excessive greening ambitions of ideologically driven economic policy and overregulation have led to this. The Commission in run-off, as well as this House, from the People’s Party to the Communists, have a huge responsibility. As far as the recipe is concerned, the picture is more mixed. I am pleased that the problem of demographic winter is presented in this report as a factor of competitiveness. We in Hungary have been trying to deal with family policy in the headwinds for years. Mr. President would satisfy the investment hunger with further borrowing, and instead of seeking consensus, he calls for majority decision-making, even though more federalism does not make sense. The common agricultural and cohesion policies are underestimated by Draghi when they would just improve competitiveness. Centralisation of the energy, telecommunications and capital markets can be problematic for small players and the CEE region. They don't want to put Western market giants at our expense. Instead, we need a business- and innovation-friendly business environment, reduced administrative burdens and affordable energy prices. This requires an end to the war. The pace of the green transition needs to be adapted to our ability to bear the burden. This is what the Budapest Competitiveness Summit in November will be about.