![]() ![]() This means fighting inflation until the battle is won. What does that mean? Well, first comes economic stability. The opportunities are different today, but as supply chains, technologies, and trade shift, one thing remains the same:Ĭountries that get the fundamentals right will be more successful. Going back down memory lane, think of how the Czechs, Slovaks, and Slovenians had their companies seize the opportunities in front of them a generation ago when their countries joined the European Union. To mitigate these risks and speed up growth in years to come, we must meet the challenge this conference has set: to respond innovatively to new realities and growing investment needs. And tighter financial conditions will make the economic environment more challenging than it was before the pandemic.Ī wide range of risks, from additional war-driven shocks to food and fuel prices, the ongoing challenges of geopolitical fragmentation, climate change-they're all on your shoulders. Nevertheless, while we do see prospects for growth improving a bit next year, the fight against inflation has proven more difficult, meaning that higher prices will continue to weigh on vulnerable families for a while. You all deserve praise for the strength of your policy responses and the resilience of your economies. It also remains a drag on prospects across the Three Seas region. We all know that Russia's war inflicts a terrible toll on Ukrainian people. President Iohannis, thank you for the opportunity to share a few thoughts today with leaders from the countries unified around the Three Seas Initiative.įirst, to acknowledge that your meeting takes place at a challenging time, a time of weaker growth and widening divergence among regions and sectors of the economy. Opening Session of the Summit (Day 1) - Bucharest, Romania ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |