LIVE: EU's Von der Leyen speaks after meeting on Middle East

But at the moment we're lagging behind with electrification behind the United States, for example, behind China. So we will present our electrification strategy also before the summer. This will include an ambitious new target on electrification. Only what gets measured gets done. And to achieve this we have to remove remaining regulatory obstacles and we have to mobilize investment. This is my last point here. Investment regarding the public money. I will again encourage the member states to make better use of the EU funding we have, for example, the cohesion funds. The money is there. You can invest it in grids, in storage, in batteries. Please use that money now because we need this improvement of our energy system. But we also know that public money is not enough. So we also need much more private capital and we will therefore convene an investment conference to mobilize private investment in these areas. So as you see there's a lot of work going on to confront the reality and the challenges we face. This was an excellent orientation debate. It will certainly not be the last orientation debate concerning this crisis, but it is a good ramp building up for the next week's communication in preparation of the European Council in Cyprus.

So I would like to say that today Europe is Hungarian without any question. The people of Hungary have spoken and they have reclaimed their European path. It is a victory for fundamental freedoms. And I really want to say to the Hungarian people, you've done it again against all odds, like you did in 1956 when you courageously stood up, like you did in 1989 when you were the first to cut the barbed wire that was dividing our continent. So with this result, our union is stronger. Our union is more united. It was an exceptional evening yesterday. Of course, we will start working with the government as soon as possible on the topics you mentioned and much more to make a swift and overdue progress to the benefit of the Hungarian people. There's much work to be done as Hungary is coming back to the European path. But I think we should also look at the lessons learned inside the European Union. For example, I think moving to qualified majority voting in foreign policy is an important way to avoid systemic democratic blockages as we've seen in the past, and we should use the momentum now really to move forward on that topic. But today of course is a day to celebrate. So I want to recall what I once said in a speech to the Hungarian people: We are one family. Your story is our story. Your future is our future, and we will walk with you every step of the way.