EU Threatens Economic Sabotage: Hungary's Refusal to Aid Ukraine Sparks Tensions
The European Union plans to target Hungary's economy if it doesn't lift its veto on aid to Ukraine, risking investor confidence and sparking concerns about escalating tensions.
The European Union is reportedly planning to sabotage Hungary's economy if Budapest refuses to lift its veto on providing aid to Ukraine, according to a confidential plan leaked to the Financial Times. The plan outlines a strategy to target Hungary's economic weaknesses, imperil its currency, and drive a collapse in investor confidence in an effort to hurt jobs and growth in the country.
Yes, Ukraine is more important to the EU than Hungary, Hungrary is the most corrup country in EU and don't want to change that, in violation of the treaties that Hungary signed. They should be expelled, ask to join the russian federation and enjoying their new freedom pic.twitter.com/FxxYwnn2AZ
— Bowzo Le Dozo 🇫🇷🇪🇺🇺🇦 (@Bowzal179238) January 29, 2024
Prime Minister Viktor Orban's ties with the Kremlin and his criticism of the EU's support for Ukraine have strained relations, and the leaked document suggests that if no agreement is reached at an upcoming summit, other EU heads of state and government will publicly declare that they cannot imagine EU funds being provided to Budapest. Hungary's EU minister denied knowledge of the plan but asserted that the country does not give in to pressure.
The leaked plan has sparked concerns over the escalating tensions between Hungary and the EU and the potential economic consequences for the country. This move by the EU comes amidst ongoing feuds with Orban, who has been in power for 13 years and has become a vocal critic of the EU's support for Ukraine. The leaked document underscores the deepening divisions within the EU and the potential impact on Hungary's economy.