Stefan-Radu Oprea, Minister of Economy, announces that the ministers of economy from the member states of the European Union met in Budapest, at the invitation of Minister Márton Nagy, who holds the rotating presidency of the EU Council for the coming months. The informal meeting had on the agenda topical topics and essential challenges for the economic future of the Union.
Stefan-Radu Oprea confirms that the discussions focused on the ways in which the European Union will reach its targets for the year 2035 regarding the electrification of the car fleet. Ministers discussed the necessary measures to maintain the competitiveness of European industry following the Antwerp Declaration. The impact of AI on European competitiveness was another important item on the agenda.
Stefan-Radu Oprea, supported the position of the Romanian industry during the meeting, after consulting with its representatives last week. "I campaigned for realism and balance, for the correct identification and allocation of financial resources, so that all European citizens benefit from these resources, considering that the objectives are common and address everyone," said the Minister of Economy.
The automotive industry plays a crucial role in Romania's economy, contributing 14% to GDP formation and 27% to exports, generating over 230.000 jobs in over 600 profile companies. "The future of the electric car must take into account the possibility of producing competitively priced vehicles in Europe, which can be bought by European citizens, in order to preserve jobs in the field," emphasized Stefan-Radu Oprea.
Stefan-Radu Oprea emphasized the need for innovation, research and development of new products in Europe to face competition from other continents. He also emphasized that the intermediate objectives set by the various European programs must be achievable without additional costs that could lead to the increase in the price of current automobiles. "It's not easy, but it's possible with a balanced economic policy," concluded Oprea.
The meeting in Budapest is a step important in coordinating the economic efforts of EU member states, given the significant challenges of the ecological and digital transition. The results of this meeting will significantly influence European economic policy in the coming months.
