PM Orban: V4 summit to focus on regional development bank

A meeting of the Visegrad Group in Budapest next week will focus on the establishment of a Central European Development Bank, Hungarian Prime Minister Viktor Orban told Hungarian public radio on Friday.

Mr. Orban praised China for its plans to invest in the region and stressed the need for Central European states not to be dependent on EU funds alone, but to look for sources outside the European Union. China’s financial conditions are better than those offered by the EU, Orban noted.