Balkans could be EU's 'next economic engine' - Orbán

EU

Image by photocosmos1 / Shutterstock.com

Prime Minister Viktor Orbán said the Balkans could be the European Union's "next economic engine", addressing a meeting of house speakers from the Visegrád Group and Southeast Europe in Budapest.

Orbán said the Balkans are the EU's "next great opportunity", adding that Western Europeans cannot maintain their current living standards without the integration of the Balkans.

"If the Balkan nations get a chance, then, just like the Visegrád countries [of Hungary, Czechia, Poland and Slovakia], they'll pick up the tempo in several years, strengthen their economies, and that big economic growth from the Balkans will arrive in the European Union," he said.

"Accession for the Balkan states is of greater value for the EU than it is for the Balkan nations themselves, not only in terms of security, but from the point of view of the economic interests of Western Europeans, too," he added.

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1 Figures

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Baranya County Police Bust Phishing Gang Fintech

Baranya County Police Bust Phishing Gang

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.