Index – Economy – Hungarian and Polish economists protest against the veto



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Like our Polish colleagues, we consider that the behavior of the Polish and Hungarian governments is extremely detrimental to European cohesion policy and, above all, to stabilizing the economic situation of its own citizens.

– write in their joint statement renowned economists. Among the signatories are, for example, the former governor of the central bank Ákos Péter Bod, Tamás Mellár, the former president of the CSO, Júlia Király, former vice president of the MNB and Attila Chikán, the prime minister of Economy of the Orbán government.

According to their statement, the leaders of the Polish Economic Society, based on solid economic arguments, raised their voice against the veto of the Polish and Hungarian government that threatens the adoption of the next 7-year budget of the European Union and joint indebtedness for mitigate the crisis.

With the veto, the Polish and Hungarian governments want to prevent the institutions of the European Union from controlling the rule of law in the two affected countries.

“When the Hungarian government struggles to avoid having to comply with the conditions of the rule of law and legal certainty, it not only prevents the European Union from taking vital solidarity action in the current world situation, but also works against development through term of the Hungarian economy, “read its statement. According to them, the Polish and Hungarian vetoes affected their citizens twice:

  • on the one hand, the Hungarian economic life may not reach the EU subsidies;
  • on the other hand, more importantly, the violation of the rule of law can cause long-term economic damage due to the lack of fair conditions of competition, the lack of legal certainty for Hungarian businessmen and a wide scope for corrupt practices .

The statement was delivered by Péter Bihari, Ákos Péter Bod, Attila Chikán, Péter Felcsuti ,dóra Győrffy, Júlia Király, Tamás Mellár, Zoltán Nagy, Gábor Oblath, Éva Palócz, Mária Zita Petschnig, Dániel Prinz, Werner Riechartes, Ágota Siecharle. Dozens more joined them as supporters, while more than 400 people signed their petitions Sunday night.

Top image: Viktor Orbán and his Polish colleague Mateusz Morawiecki at a press conference after the European Union summit in Brussels on July 21, 2020 (Photo: Benko Vivien Cher / MTI)



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