The Budapest Declaration aims to address the significant energy price disparities between Europe and the US, with European companies facing much higher costs. Economist Geza Sebestyen believes the declaration will lead to effective measures to restore Europe's competitiveness, including reducing energy prices, reforming industrial policy, and improving efficiency through less bureaucracy. He emphasizes the potential for job creation and a stronger position for Europe in research and innovation. Teljes cikk (Magyarnemzet)