Vídeo: Estado da União: sol em Ancara, escuridão em Tbilisi

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hello and welcome to State of the Union I’m Stefan Gro in Brussels just a year ago a summit meeting of the leaders of turkey and Greece would have created Sensational news but when President Reb T erdogan hosted prime minister kirakos mitsotakis in ankar this week it was almost the routine talk between neighbors for over a year now the world has been witnessing a 5 Monon old friendship initiative that was designed to put an end to Decades of mutual animosity instead the two NATO members are focused on trade tourism energy and repairing cultural ties Adan visited Athens in December and the two countries have since maintained close high level contacts apparently with success there are still areas where both sides have agreed to disagree but it’s good to see one old trouble spot in Europe sort of fading while another trouble spot just around the corner was heating up big time this week I’m talking about Georgia where thousands of protesters rallied near the Parliament building in TI blissy again just hours after lawmakers gave the final approval to the controversial foreign influence law a piece of legislation that could have been drafted in Moscow they passed the law despite EU warnings that it would undermine Georgia’s path to EU membership the official reaction in Brussels was muted revealing a sense of disappointment I had a phone call a few days ago with the Prime Minister I told him that I’m disappointed and I sincerely hope that in georia they will find the the way to stick to the rule of law principles to democratic principles and also to uh to uh to meet the expectations of the population maybe the government of Georgia should focus on real issues like the economy and not an unpopular stupid loss this week the European bank for reconstruction and development relased relased its latest economic Outlook the numbers for Georgia which is part of the area where the ebrd operates were rather sobering in general the forecast also contains some encouraging news joining me now is Bata yavorek Chief Economist of the European bank for reconstruction and development welcome to the program always good to see you thank you for having me so your latest report is appropriately called taming inflation and when I look at the numbers in inflation in the ebrd regions came down from a peak in October 22 of 17.5% to an average of 6.5% last March explain that number for us what is behind such a huge drop what has helped bring the inflation down were to a large extent developments in international markets we have seen a sharp drop in the prices of natural gas in Europe decline in prices of agricultural Commodities and oil prices have remained moderate but of course inflation in our regions of operations Still Remains be above the level so before the pandemic as is the case in advanc economies so do you feel a s of relief regardless now or are there still important inflation risks remaining not all Central Bankers can cons their job done if you look at cumulative inflation that is inflation since February 2022 up till now it has exceeded 30% in several countries notably uh in Egypt in Turkey in Hungary and Kazakhstan mova and Ukraine so that means that in the absence of wage increases people in those countries would have lost a third of their purchasing power let’s talk about the growth Outlook in the ebr’s EU regions do you see positive signs going forward so this year is going to be much better than last year for the Eastern European EU member states uh in particular Poland and Croatia stand out with the expected growth of 3% Hungary will do as well too um we see real wages increasing uh we see fiscal policy helping out and the EU funding the new generation EU um also stimulating economic activity well I can’t release you without a word on Ukraine how is their economy doing in the third year of the war the heavy bombings uh in the last two months mean that the ability of Ukraine to generate electricity has been severely diminished um electricity production is at 40% at of what it used to be before the bombings and um this capacity cannot be easily repaired all right Bata yavor Chief Economist of the ebrd thanks for coming on the show today thank you for having me Stefan looking for something fun to do over the weekend how about this jumping from a helicopter at 3,000 ft High diving down to 35 m above the river temps and then soaring through London’s Tower Bridge only to rise up again to 80 M the height required to open the parachute before landing safely a complex James Bond like maneuver known among insiders as a flare well two professional skydivers from Austria did it this week describe the experience as a dream come true and this coming from veteran sky drivers with more than 22,000 jumps under their belt from takeoff to Landing the London wing suit flight covered more than a kilometer and reached a top speed of almost 250 km per hour and it lasted 45 seconds that might not be enough fun for an entire weekend but it’s a start just don’t look down that’s it for this Edition I’m Stefan groer thank you for watching have an excellent week