Orban warns of Europe's "humiliation"
Hungary's prime minister shares his assessment of Europe's role in the new industrial revolution
Hungarian Prime Minister Viktor Orban stated that the modern world is undergoing a new industrial revolution and Europe risks falling behind due to high energy costs and excessive ideological regulation. In his view, the European economic model is 'killing' growth. Orban emphasized that these factors hinder business activity and economic development of the country and the continent as a whole.
Context
The new industrial revolution encompasses digitalization, the development of renewable energy, and production automation. Many countries are competing to take advantage of new technological opportunities.
Hungarian Prime Minister Viktor Orban noted that Europe will be "humiliated" due to ineffective energy policies and ideological regulation, as he assessed, countries cannot take part in the new industrial revolution.
- Category: World
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- Source: https://t.me/newsby_btrc/187660
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