04 Jan

Rethinking the economy after Covid: How can Hungary be more competitive?

Investing in people, public services and the business environment (including, crucially digital infrastructure) are appealing ways to achieve longer-term growth through making Hungarians and the Hungarian economy more productive. These types of policies respond to the challenges that were highlighted by the pandemic and can be helpful during the recovery but have the potential to spur further economic growth, writes Daniel Prinz. 

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V4 Prime Ministers in Warsaw, celebrating NATO accession. [TASR - Jakub Kotian]

From the Westerns’ point of view we, with the policy of open arms, expected the new members to come in and accept not only the acquis, but also to accept all visions of the EU. Then came the realization that they are not fitting in what the West was expecting, says French political analyst.

Expo in Slovakia. [TASR]

Central Europe ranks under the EU average in the market penetration of electric vehicles. But it doesn’t want to be left behind by the global trend, leaping into battery production and dreaming even bigger.

V4 ministers consider digitalisation one of the most significant development of the economy since the industrial revolution. [Pixabay]

European union Member states have scrapped a Commission's plan to establish a system to tax internet giants like Google or Facebook. In a bid to break a deadlock, EU executive arm have called for a move to a qualified majority voting on tax issues. The V4 countries, however, clearly reject to kill national vetoes on tax policy. Their governments are now likely to bring in their own national digital tax laws.

In 2010, newly-elected Hungarian Prime Minister meets with Polish presidential candidate of the main opposition party. (EPA/Pawel Supernak)

As we approach the European Parliamentary elections, Eurosceptic political rhetoric in Hungary and Poland is once again rising. It is hardly surprising given the critical view the governing parties and their leaders, Viktor Orbán and Jaroslaw Kaczyński share towards the European Union and some of its policies.

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