
In a state of anxiety and feeling trapped, the European Union has chosen “decoupling” and “de-risking” instead of connecting to the world, thereby losing its global competitiveness, according to the Prime Minister of Hungary, Viktor Orbán, who gave a speech on Saturday, July 22, at Tusványos, a conservative political gathering in Transylvania.
As with every speech he has made in the past at the Tusványos Summer University in Băile Tușnad, Romania, Viktor Orbán once again reflected on the most important geopolitical trends, European current affairs, and their impact on Hungary. He believes the EU is “rich and weak,” and it is isolating itself in a world with many uncertainties, in which the balance of power has tilted. To underline his message, the prime minister cited the International Monetary Fund’s (IMF) report, which forecasts that neither the United Kingdom nor France or Italy will be among the world’s ten largest economies by 2030, while Germany will drop to tenth place.