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GLOBSEC Tatra Summit to focus on energy union, finance, investment

Xinhua, October 25, 2016 Adjust font size:

Energy union, finance, investments, the eurozone's future, the digital agenda as well as migration and terrorism will be the main topics of the fifth GLOBSEC Tatra Summit, an international conference scheduled to take place here on October 27-30.

According to founder of the GLOBSEC forum, Robert Vass, this year's conference will be important, inter alia due to the fact that the EU is facing major challenges at the moment.

"It's never facing so many challenges and unforeseen circumstances as it's facing today. I think that the Tatra Summit can move the discussions forward," said Vass at a briefing in Bratislava on Monday.

Finance ministers from Slovakia, Germany, France, Italy, Belgium and Ireland are expected to take part in the conference later this week.

"These will be the key ministers who will discuss how to move European Monetary Union forward in a time of crisis," added Vass.

In addition, five European commissioners, seven senior representatives of the Western Balkans, energy ministers from Norway, Bulgaria and Romania and diplomats from EU members are set to attend the conference.

The political part of the Tatra summit will continue between Friday and Sunday. European Commissioner for the Budget and Human Resources Kristalina Georgieva will deliver a speech at the conference.

Ivan Korcok, state secretary of the Slovak Foreign and European Affairs Ministry, was also present at the briefing.

Korcok said the conference is exceptional as it won't take place behind closed doors and is being held in the most difficult period of the EU's history.

"There will be lots of topics at the summit, and I believe that, if not answers, at least many impetuses concerning how we should respond in this period will emerge," added Korcok. Endit