Prime Minister Viktor Orbán said the West’s initiative to form blocs, in response to developments in the global economy, was nothing more than “a return to Cold War logic” in a presentation delivered at the Ludovika University of Public Service in Budapest on Wednesday.
Orbán pointed to the decline of competitiveness in the European Union outlined in the Draghi report and said the balance in the global economy was shifting to Asia, with “the most money, the biggest banks, companies and universities, and the most innovation and patents”.
He added that…
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