he demographic crisis is perhaps the biggest threat Europe is currently facing, warned Hungarian President Katalin Novák in an hour-long interview with news station InfoRádió, just ahead of the 5th Budapest Demographic Forum.

"Not having enough children is not only a Hungarian phenomenon, it is the same everywhere in the so-called developed Western world. If we just think about the fact that there is not a single country in Europe today that has enough children to even maintain its population — so we are not talking about population growth — then we can sense how big the problem is," Novák said.

"Or I could quote Elon Musk, who said that the demographic challenge is now more serious than the climate crisis, it is a bigger problem for the future of the developed world. I am also inclined to take that as a true statement. It is a problem for Europe as a whole, and indeed for the Western world as a whole."