Budapest: István Simicskó, the faction leader of the KDNP, addressed the parliament on Monday, highlighting the dangers and challenges currently facing the world. He criticized the European Union’s current policies, describing them as self-pitying and self-defeating sanctions. Simicskó emphasized that the world has changed and is becoming increasingly fragmented, urging the need for new solutions. He stated that Hungary has no interest in creating another iron curtain.
According to KDNP, the Hungarian government acknowledges the necessity for a new economic action plan. Instead of pursuing blockades, the focus is on economic neutrality, with aims to enhance purchasing power and provide affordable housing for young people. Simicskó emphasized the importance of launching the Demján Sándor Program, which supports small and medium enterprises and receives backing from the KDNP.
In response, Minister of Foreign Affairs and Trade Péter Szijjártó noted the emergence of a new world economic reality. He attributed t
his shift to uncontrollable wars and sanctions measures. Szijjártó discussed the re-ideologicalization and re-politicization of economic cooperation, highlighting that Eurasian cooperation, once a stable foundation for European growth, has become increasingly distant.
Szijjártó cited economic statistics to underscore his point: in 1992, G7 countries accounted for 45 percent of the world economy, while BRICS countries held 22 percent. Today, the G7’s share has decreased to 30 percent, while BRICS has risen to 36 percent. He advocated for economic neutrality as the sole viable policy for Hungary, a medium-sized, landlocked country with competitive industry but limited energy resources. He stressed that economic neutrality is crucial for maintaining growth opportunities.
The minister also remarked that Hungary remains an attractive destination for both eastern and western investors, offering fair conditions. He noted that despite claims to the contrary, trade with Russia persists more than publicly acknowledge
d.
