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In poland more than thirty years ago, following a bitter and divisive campaign. Donald tusk said polands bad days were over. Translation yesterday people approached me and asked, will you be able to do it . It wasnt possible for so many years. This is the end of this bad time. Of the rule of law and justice. Donald tusk, who did work in brussels as the European Council chief, has pledged to reposition warsaw on a firm pro european path which could unlock billions of euros in eu funding withheld by the European Commission in a spat with the current government over judicial reforms. To talk us through whats at stake im joined by bert colijn senior Eurozone Economist at ing bank. A warm welcome to the programme. Do you think brussels is Breathing A Sigh of ....
Well, the economy is struggling. Im not gloomy. Ijust propose to look to what we were expecting exactly one year ago. So, beginning of october 2022, we had a double digit inflation. We were expecting recession. And indeed we were also concerned about Energy Supply blackouts because, of course, leaving the russian fossil fuels was not at all an easy story. So if we want to look to the optimistic side of the moon, i think we would say that, yes, we avoided recession. Yes, we have now inflation at 4. 3 , which is very far from the double digit inflation one year ago. And the economy is still growing. But, of course, you are right, the economy is struggling because very low growth. How long with this slow growth. That is the point, isnt it . Low growth is your problem. The imf has reduced Growth Forecasts across the European Un ....
Gloom, they said, is now spreading across the continent. Youre economy commissioner. The European Economy is struggling. Are you gloomy . Well, the economy is struggling. Im not gloomy. Ijust propose to look to what we were expecting exactly one year ago. So, beginning of october 2022, we had a double digit inflation. We were expecting recession. And indeed we were also concerned about Energy Supply blackouts because, of course, leaving the russian fossil fuels was not at all an easy story. So if we want to look to the optimistic side of the moon, i think we would say that, yes, we avoided recession. Yes, we have now inflation at 4. 3 , which is very far from the double digit inflation one year ago. And the economy is still growing. But, of course, you are right, the economy is struggling because very low growth. How long with this slow growth. That is the point, isnt it . L ....