Mr. Hudák currently also serves as Vice-Chairman at GLOBSEC and Advisor to the Government of the Czech Republic on the establishment of the National Development Fund.
Prior to these positions, between 2016 and 2019 he held a position as Vice-President at the European Investment Bank. During the Slovak EU Presidency in 2016, Mr. Hudák was the Chief Negotiator for the EU Budget, who was in charge of EU Budget 2017 negotiations.
Among other roles, Mr Hudák was Vice-President of Economic and Financial Committee at the Council of the EU from 2014 to 2015, Chairman of the Board at Slovak Investment Holding & Slovak Guarantee and Development Bank as well as Member of the Council of the Bank
at International Bank for Reconstruction and International Investment Bank between 2014
As the Industry Head of Public Sector for the Central and Eastern Europe at J.P. Morgan Chase from 2010 to 2012, he was responsible for the operations in Central and Eastern Europe.
Mr Hudák holds a degree in International relations and diplomacy from Moscow State Institute of International Relations and JUDr degree of International law from Charles University in Prague.
The unprecedented fallouts from the corona-pandemic have been met by an unparalleled global response. Central banks, national governments and international institutions everywhere have mobilized firepower to soften the blows to the economy, stabilize financial markets and mitigate adverse effects on jobs. In Europe, the pandemic has exposed the flaws in the EU’s economic architecture and the inadequacy of its existing policy toolkit to tackle the economic calamity. Discretionary fiscal responses were rolled out by national governments, alongside the ECB’s asset purchase programme, with the latter being the only supranational steppingstone firmly in place until the Macron-Merkel initiative offset a series of meaningful negotiations on a shared European rescue package, featuring a common European debt instrument. The call is open to put forth the cornerstones of national Recovery and Resilience strategies, a prerequisite to access the funds from the Facility. How are countries planning to allocate these funds to enable a deeper structural transformation of their economies, and how do these national strategies square with European strategic priorities? With green and digital twin transitions at the heart of the recovery, how can these plans reconcile thorough economic stabilization and the need to reset on a more sustainable and resource-efficient growth trajectory?
The call is open to react to the national Recovery and Resilience Plans, as put forth earlier from the viewpoints of key economic actors, with an emphasis on private enterprise, investment and their leading role in buttressing the recovery from the ground-up. Are the plans presented fit to not only jumpstart the European economy but also strategically place it on the path to long-term economic prosperity? How can different actors adapt for more resilience and position themselves for success in the post-pandemic world?