On Thursday, the governors of the central banks of the countries of the Visegrad group and the main financial experts of the region held a conference on green transition in the region, organized by the National Bank of Hungary (NBH).
The Gradual Transition to a Greener Economy – Challenges and Opportunities conference was opened by NBH Governor György Matolcsy, NBH said.
The alliance of the Czech Republic, Hungary, Poland and Slovakia prevails in several policy areas, including cooperation between the countries’ central banks, the statement said. NBH is committed to supporting regional cooperation and strengthening ties within the group, he said.
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Hungary has taken over the rotating presidency of the Visegrad Group from Poland.
The coronavirus pandemic has highlighted the importance of the green transition, a task considered a priority by central banks in the region, according to the statement.
Matolcsy said in his speech that the gradual transition to a green economy was the key to the success of the Visegrad group.
While the pandemic has opened up new opportunities for such a transition, the process is more effective in international cooperation, the panelists said.
Featured photo: György Matolcsy, Governor of the National Bank of Hungary. Photo by Szilárd Koszticsák / MTI