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The Visegrad Group (V4) held a meeting in Warsaw on Friday, after Czech Prime Minister Andrej Babis relinquished the group's rotating presidency to Polish Prime Minister Mateusz Morawiecki.
The group, composed of Hungary, Poland, the Czech Republic, and Slovakia, focused its discussions on managing the European economy post-COVID-19.
"All four [V4 members] control their debts very closely. It is not because of us that Europe needs an extraordinary financial plan. I emphasise that it is not because of us. That is why such a plan is needed, because there are countries within the European Union that are unable to control their debts," said Hungarian Prime Minister Viktor Orban.
"It is clear that Europe must respond, that we understand the situation in the European Union, we are supportive and we understand it, but these negotiations should be completed in a way so that it is fair for all," added Andrej Babis.
In May, the European Commission unveiled plans for a €750 billion ($843 billion) 'Recovery Instrument' to aid its 27 member states' response to the economic fallout from the COVID-19 pandemic. Details of the plan are still being discussed, and will require unanimous consent from all member states before implementation.
Video ID: 20200703-050
Video on Demand: https://ruptly.tv/videos/20200703-050
Contact: cd@ruptly.tv
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The Visegrad Group (V4) held a meeting in Warsaw on Friday, after Czech Prime Minister Andrej Babis relinquished the group's rotating presidency to Polish Prime Minister Mateusz Morawiecki.
The group, composed of Hungary, Poland, the Czech Republic, and Slovakia, focused its discussions on managing the European economy post-COVID-19.
"All four [V4 members] control their debts very closely. It is not because of us that Europe needs an extraordinary financial plan. I emphasise that it is not because of us. That is why such a plan is needed, because there are countries within the European Union that are unable to control their debts," said Hungarian Prime Minister Viktor Orban.
"It is clear that Europe must respond, that we understand the situation in the European Union, we are supportive and we understand it, but these negotiations should be completed in a way so that it is fair for all," added Andrej Babis.
In May, the European Commission unveiled plans for a €750 billion ($843 billion) 'Recovery Instrument' to aid its 27 member states' response to the economic fallout from the COVID-19 pandemic. Details of the plan are still being discussed, and will require unanimous consent from all member states before implementation.
Video ID: 20200703-050
Video on Demand: https://ruptly.tv/videos/20200703-050
Contact: cd@ruptly.tv
Twitter: http://twitter.com/Ruptly
Facebook: http://www.facebook.com/Ruptly
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