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"Nation state is not a thing of the past. Who takes action when crisis kicks in, like the pandemic? Not EU, not WTO, but states. Globalist institutions were unable to deliver a proper  answer."

🐦🔗: n.respublicae.eu/GyoriEniko/st

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Great discussion by MCC Brussels shaking up the Bubble with fresh ideas on , and the challenge to globalisation with Phil Mullan.

🐦🔗: n.respublicae.eu/GyoriEniko/st

"Nation state is not a thing of the past. Who takes action when crisis kicks in, like the pandemic? Not EU, not WTO, but states. Globalist institutions were unable to deliver a proper  answer."

🐦🔗: n.respublicae.eu/GyoriEniko/st

The HU Govt supports the economy with all means: cheap loans, interest rate freeze for SMEs, a Factory Rescue Programme & aid to energy-intensive businesses.

A new programme to stimulate investment is coming soon.

Way to go!

🐦🔗: n.respublicae.eu/GyoriEniko/st

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In HU the output of domestic industry every month in 2022 exceeded the level of the previous year, so the volume of production last year was 5.8 % higher than in 2021. This means that domestic industry has almost tripled since 2010.

🐦🔗: n.respublicae.eu/GyoriEniko/st

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To protect HU families & full employment, we must maintain industrial stability.

🐦🔗: n.respublicae.eu/GyoriEniko/st

COM should also reintroduce controls at the border so only EU-comfort products enter the EU market, protecting the EU consumers. 
is a must even in times of war.

🐦🔗: n.respublicae.eu/GyoriEniko/st

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The COM should promptly react to the appeal of 6 MSs (HU, PL, CZ, SK, RO and BG) to introduce import restrictions on sensitive products from .

🐦🔗: n.respublicae.eu/GyoriEniko/st

“The COM has recently announced the adaptation of state aid rules,” but “European SMEs & start-ups consider that these measures will be insufficient if they are not accompanied by a serious review of procurement rules.”

🐦🔗: n.respublicae.eu/GyoriEniko/st

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Let’s hope it will also imply COM will not come up with new conditions, especially not with political ones and by this will even the playing field towards all MSs, including . Do not forget: COM still withholds RRF funds from both HU & PL for political reasons.

🐦🔗: n.respublicae.eu/GyoriEniko/st

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2. Do not overburden monetary policy and @ecb activities with issues that are out of its competences.  More united capital market union is the way forward. I hope anti-competitiveness forces, especially the Left listens.

🐦🔗: n.respublicae.eu/GyoriEniko/st

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Important conclusions today at the Lamfalussy Lectures int conf by @MNB_Hungary in Budapest. Robert Holzmann, governor of @oenb: 1. time to rethink highly accommodative monetary policies in EU because of negative impacts on the economy, like high and low productivity.

🐦🔗: n.respublicae.eu/GyoriEniko/st

I welcome that the 2nd pillar of aims to have faster & more predictable access to funding. I hope it will also imply giving finally the EU money  to HU & PL, which is currently witheld for political reasons.

🐦🔗: n.respublicae.eu/GyoriEniko/st

This time not only big MSs should benefit from the new framework, as it was the case with TCF allowing 2 big MSs to receive almost 80% of all the approved subventions.

🐦🔗: n.respublicae.eu/GyoriEniko/st

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As part of the new , COM announced to loosen state aid rules by the new Temporary Crisis and Transition Framework (TCTF).

🐦🔗: n.respublicae.eu/GyoriEniko/st

This time not only big MSs should benefit from the new framework, as it was the case with TCF allowing 2 big MSs to allocate 80% of all aids.

🐦🔗: n.respublicae.eu/GyoriEniko/st

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New rules - hopefully for a real level playing field!

COM just started a consultation with MSs on transforming State aid Temporary Crisis Framework (TCF) to boost investments for a faster roll-out of renewable energies & support the decarbonisation of the industry.

🐦🔗: n.respublicae.eu/GyoriEniko/st

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