11/26/22

Permalink “Good news for the US economy”: Péter Szijjártó on the looming recession in Europe

Against the background of the Ukraine conflict and the sanctions against Russia, the European economy is heading towards a recession, said Hungary’s Foreign Minister Péter Szijjártó. It is absolutely clear that it is the USA that will benefit from this. | At a press conference on Friday, Hungarian Foreign Minister Péter Szijjártó spoke of a risk of economic slowdown in the EU spoken, which he says is linked to the Ukraine conflict and Western anti-Russia sanctions. In terms of the global economy, the EU is currently on the losing side, while the situation around the US economy, including the competitive situation, has “definitely improved” of late, Szijjártó said. For him it is obvious that the USA “benefits from the suffering of the European economy”. 💬 “The fact that the European economy is heading into recession is good news for the US economy, and it’s clear that Americans have benefited from it.”  Earlier, Hungarian Prime Minister Viktor Orbán said that Europe loses if it rejects Russian energy sources and relies on those from the United States. Europe is forced to pay fivefold or tenfold for it. According to Orbán, Europe should ask its “US friends” who is making profits in this situation. The Speaker of the Hungarian Parliament, Laszlo Kever, has already stated that the European Union can be called the loser in the Ukraine crisis because it is acting against its own economic interests.

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