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
HU govt is delivering on its 17 commitments.
Another package of laws has been submitted to HU Parl to reach an agreement with the COM.
The aim is to speed up & increase the efficiency of the procedures for obtaining data of public interest.
#conditionalitymechanism
RT @EPWashingtonDC: .@EP_Economics in DC for the IMF & World Bank #AnnualMeetings22 last week. Very good exchanges on the macroeconomic outlook, the fiscal-monetary policy nexus and the stability of financial markets in times of war in Ukraine & energy crisis ➡️ https://www.europarl.europa.eu/news/en/press-room/20221016IPR43301/statement-of-econ-committee-chair-after-delegation-to-washington w/ @itinagli
If Brussels continues to push ahead with its #sanctions policy, the EU will fall completely behind its competitors. Bear in mind: the USA is self-sufficient in energy & China continues to have access to RU gas and raw materials.
This has unforeseeable consequences for citizens & businesses, as well as for our competitiveness.
Today at #EPplenary we debated the social & economic consequences of the war in UA. In my written intervention I highlighted that 70% of the driving force behind the skyrocketing inflation is high #energyprices.
Nothing tastes like Hungarian wine! HU winemaker has been awarded as the best European wine producer. Congratulations to István Szepsy!
https://hungarytoday.hu/hungarian-wine-wins-best-in-europe-award/
3/3 the exposure and vulnerability of Europe is much stronger due to the energy crises, war and sanctions. Time to finally put together all the know-how available in all 27 MS in order to go against negative tendencies!"
2/3 My final conclusions of the ECON mission to the IMF: the global economic outlook is gloomy for all, but the US and the EU are in an unequal situation
1/3 Interesting views by Professor Randall Henning about the future of global economics. My views: the fact that US policy makes trade conditional upon democracy and rule of law was reconfirmed.
3/3 Cannot expect poor countries to be resilient: need financial development aid to allow transfer to clean technologies"
2/2 "it is mission impossible to bring inflation down and avoid recession in emerging markets"
1/2 Gloomy prospects at the end of the 2nd day: no one can be relaxed if financial experts put their hands up and say
Two important conclusions of the first day of negotiations at the IMF: http://1.energy and sky-rocketing prices are a European problem; 2. US will continue investing in fossil fuel projects.
I welcome the words of @McGuinnessEU at the IMF plenary saying "less ideology, and more pragmatism is needed". I wish it was implemented even in the context of EU sanctions policy.
Protests under the slogan "cancel debt" defined the mood prior to today's meetings at the IMF. This shows how irresponsible financial policy is pushed to the forefront
2/2 Less ideology and more pragmatism is needed. We need to acknowledge support where and when it is necessary - high energy prices are here to stay. @McGuinnessEU
Had the pleasure to meet old friends in new places @McGuinnessEU @Paschald
The fact that the EU economic growth will be slower than in other advanced economies also shows the heavy effects of the self-destructive sanctions policy.
@IMFNews #WorldEconomicOutlook warns of growing risk of recession & paints a gloomy picture for global economy. The outlook for 🇪🇺 economic growth was downsized by ¾ compared to the April 2022 forecast.
Unofficial automated mirror. No copyright asserted. ∎ 🇭🇺 európai parlamenti képviselő //
🇪🇺 Member of the European Parliament
@EP_Economics
@EP_Trade
Joined Apr 2022
