Prof. Piroska Nagy Mohácsi: Euro Enlargement & Europe’s Defense-Tech Wake-Up Call

Gunther Fehlinger Podcast · Jan 19, 2026 · 1h 11m · transcript

Piroska Nagy Mohácsi (spelled “Mohaci” in parts of the transcript) is a Hungary-born economist with around 20 years at the International Monetary Fund (IMF), later serving as Policy Director at the European Bank for Reconstruction and Development (EBRD), and now a visiting professor (mentioned in the US, currently in Miami) with ties to the London School of Economics. In this episode she argues Europe faces a twin threat: pressure on its economic model and welfare state, and a direct military danger from Russia—so defense rearmament and economic renewal must be…