Enikő Győri @EGyori@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ 🇭🇺 európai parlamenti képviselő //
🇪🇺 Member of the European Parliament
@EP_Economics
@EP_Trade
Joined Apr 2022
My three points for @EP_Economics regarding the way forward after the #CoFoE.
1., maintain institutional balance. EP should not get into the "who-is-more-democratic" game with MSs.
🐦🔗: https://n.respublicae.eu/GyoriEniko/status/1597985683175796736
I firmly believe it would create mutual benefits for each other's companies, which is essential in these times of crisis.
🐦🔗: https://n.respublicae.eu/GyoriEniko/status/1597963691676250112
#EUROLAT meeting today. It's good that at least MEPs are meeting with Latin American MPs. There hasn't been an EU summit with them since 2015. There is a lot of potential in this relationship: #Mercosuragreement should finally be signed.
🐦🔗: https://n.respublicae.eu/GyoriEniko/status/1597963688304345092
We need to listen to our citizens.
Monetary Dialogue today with @Lagarde in @EP_Economics: gloomy economic outlook ahead of us. Around 30% of EU citizens' biggest concern is the rising living costs. #Hungary was the 1st MSs to give people the chance to voice their opinion on the EU’s sanctions imposed a/st Russia.
In the 🇪🇺 there are 6️⃣ MSs where the total fertility rate is rising, 🇭🇺 is one of them. Our aim is to raise it further via supporting families.
The ratio of family benefits to GDP is correlated with the total fertility rate, i.e. the more the state spends on #families & takes measures to help them, the higher the #fertility rate will be.
✅the employment rate of 15-64 year olds has been above 74% since March, which is also above the EU average (70%).
#Employment in Hungary continues to hit historic highs
According to the latest data of the HU Central Statistical Office:
✅the number of people employed has exceeded 4.7 million for the 5th month in Oct 2022,
✅ #unemployment is among the lowest in the EU,
The COM proposal entails the risk that the procedures become excessively subjective and the Commission's competences would increase. By this Member States‘ ownership over the whole procedure is more than dubious.
There are doubts also about compatibility of the new tool for the verification of the implementation of the reforms & investments with economic & debt sustainability.
As a non-euro zone MEP I also asked how this new instrument will relate to the excessive deficit procedure.
Concerning the COM proposal, there are more questions than answers.
I asked the COM what the guarantee is that debt sustainability calculations are well-founded and they lead to simplification.
During today's debate on “Future legislative reform of the #EconomicGovernance Framework in times of social and economic crisis” I emphasized: reforms are good if they are effective, bring tangible results and imply less burden.
It should be important also for COM to prove that conditionality mechanism works & it can be put in practice and deliver the desired result.
Yesterday's late night dialogue with @VDombrovskis & @PaoloGentiloni on #RRF. I am pleased that COM admits: negotiations w/h Hungary are constructive & we are close to an agreement.
In 2020, we agreed that a loan-financed #recoveryfund would be a one-off &exceptional solution. Now the EP wants to make it permanent & bring it within the budget. This is incompatible w/h the Treaties. For the left, however, neither the spoken word nor the written letter counts.
We knew when we took out the NGEU loan that it was like playing w/h fire. We did not want it, but we’re ready to listen to the pleas of the Southern MSs.
MSs should be able, however, to use the available funds as soon as possible & with as few obstacles as possible. Hungary has not even got access to the recovery money yet, while it is already paying the interest on the loan.
#EPplenary debate today on Borrowing Strategy to finance #NextGenerationEU. EP seemingly want a permanent loan instrument. Let’s make it clear: we should not live at the expense of future generations.
Let’s hope COM will be able to resist this huge leftist political pressure & have the courage to be objective.
Unofficial automated mirror. No copyright asserted. ∎ 🇭🇺 európai parlamenti képviselő //
🇪🇺 Member of the European Parliament
@EP_Economics
@EP_Trade
Joined Apr 2022
