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EU prepares “revenge” on Hungary – FT

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At the EU summit in Brussels on December 14-15, 2023, Orban blocked changes to the EU budget for 2024-2027, which provided for the allocation of 50 billion euros to Ukraine.

The European Union intends to “blow up the Hungarian economy” if Budapest refuses to agree to a new aid package to Ukraine. British newspaper The Financial Times reported this on Sunday, January 28, citing an internal EU document it obtained.

According to the publication, Brussels intends to devalue the Hungarian forint and reduce Hungary’s investment attractiveness to the detriment of “jobs and growth” of the country’s economy.

“If the Hungarian Prime Minister Viktor Orban does not make concessions, then the EU leadership may publicly announce a complete stop of funding for Budapest,” pointed out the FT.

A representative of the Council of the EU, contacted by the publication for comment, said he would not comment on the leak to the press.

“At the same time, interviewed sources in EU diplomatic circles emphasized that many countries support this plan,” the publication wrote.

We previously wrote that Orban vetoed a “mega-package” that included aid to Ukraine, spending on migration programs, and funding for the EU Solidarity and Defense Fund. This document will be returned for consideration at the beginning of 2024.

Orban explains why he is against Ukraine in the EU

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Source: korrespondent

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