Visegrad Countries Discuss Recovery Plans in Warsaw

Reading Time: < 1 minute

Meeting in Warsaw, finance ministers from the “Visegrad 4” (V4) country grouping – Poland, Czechia, Hungary, and Slovakia – discussed post Covid-19 economic recovery plans and investments. They welcomed the global minimum tax proposed by the G7 but said they prefer an international solution in the Organisation for Economic Cooperation and Development (OECD). The 140 OECD countries will discuss the issue online this week as a G7 follow-up.

The V4 finance ministers also debated the environmental contribution/damaging effects of individual energy sources. Their countries are pushing for the inclusion of nuclear power among sustainable energy sources, and the introduction of real conditions for the use of natural gas.

Hungary will make its position known at the OECD and at the EU level, economic minister Mihály Varga said, adding that he had also discussed the proposal with his V4 counterparts as well as with a representative from Italy, which held the presidency of the G20 at the last  Ecofin meeting in Luxembourg on 18 June.

Source: Hungary Today